Monthly Archives: December 2019

OUR VIEW Range-trade between 7,700 and 7,900. The 20-day as well as the 50-day EMA crossed below the 200-day EMA—a bearish signal accompanied by the distribution bias of the OBV. RSI (14) is also set to decline to the oversold … Continue reading →

OUR VIEW Trade cautiously due to lack of catalyst, ahead of the BSP and Fed meeting. BSP will have its last meeting this year on Thursday, we expect it to hold rates at 4.00%. The last Federal Reserve meeting for … Continue reading →

OUR VIEW Trade within 7,700-7,900. We expect a range-bound market this week as investors look ahead of the December 15 deadline of the US-China trade deal. BUY if trade deal hopes  increase as we see the index in the positive … Continue reading →

OUR VIEW Hunt for bargains amid developments in the US-China trade negotiation. $SSI, $MAXS, $PGOLD: Inflation rate inched up to 1.3% in November due to the higher utility costs and higher prices of “sin” products and fuel. But still within … Continue reading →

OUR VIEW Trade within 7,700 to 7,900. We expect the market to move sideways amid global headwinds and PH November inflation data. Philstocks estimates November inflation rate to pick up at 1.2% as the prices of palay and electricity inched … Continue reading →

OUR VIEW Trade cautiously on the back of the slowdown of PH November PMI, and as the US-China trade uncertainties linger, ahead of the inflation data. $IMI, $TECH, $AXLM: Some of the manufacturing companies may report slower growth this November … Continue reading →

OUR VIEW Ride with the bulls. The better-than expected manufacturing data of China and expectation to resolve South Korea and Japan issue can further lift the market, amid  Santa Claus rally. PSEi: Overseas, China’s manufacturing activity in November reached 50.2, … Continue reading →