Monthly Archives: March 2020

On Balance: Daily Notes for March 31, 2020

Highlights PSEI finished the day lower by 135 points, managing to hold above 5,000  which it threatened to break under early in the day. All sectors posted  losses. It was the same story across the region with Tokyo stocks slumping  … Continue reading

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On Balance: Daily Notes for March 26, 2020

OUR VIEW Hope springs eternal.  A rally in the US sends sparks flying in the local market. Yet, even as investors join the general mood and cheer of overnight markets, the “caution” remains palpably thick. Strong openings and reaches into … Continue reading

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On Balance: Daily Notes for March 25, 2020

OUR VIEW Our position and stance remains as reiteration of yesterday’s proposition: To wit LOOK FOR STOCKS with sound fundamentals & reasonable narratives. Though there may be a few, focus on counters that are as far away from COVID19 as … Continue reading

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On Balance: Daily Notes for March 24, 2020

OUR VIEW LOOK FOR STOCKS with sound fundamentals & reasonable narratives. Though there may be a few, focus on counters that are as far away from COVID19 as possible — where impact is either of the inverse nature, or of … Continue reading

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On Balance: Daily Notes for March 19, 2020

OUR VIEW SELL shares for now. We’re seeing the market in the red territory given the current situation in the country, where COVID-19 cases are escalating rapidly and most businesses are suspending/ limiting operations due to the enhanced community quarantine.  … Continue reading

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On Balance: Daily Notes for March 18, 2020

OUR VIEW PSE announced that trading will resume on Thursday, March 19. Investors will still watch developments on COVID-19. Luzon is under the “enhanced community quarantine,” urging the public to stay at their homes to prevent the spread of COVID-19. … Continue reading

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On Balance: Daily Notes for March 17, 2020

OUR VIEW STAY ON THE SIDELINES. KEEP SAFE. PSE SUSPENDS TRADING TODAY UNTIL FURTHER NOTICE. Possible lower demand of goods and services due to the “community quarantine” in Metro Manila  would further push investors into the sidelines, amid escalating cases … Continue reading

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On Balance: Weekly Notes for March 16, 2019

OUR VIEW SELL ON RALLY. Market’s volatility to extend this week given the escalating cases of COVID-19 in the country, in addition to the community quarantine which may dampen demand for inessential goods and services. Negative sentiment will further rise … Continue reading

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On Balance: Daily Notes for March 13, 2020

OUR VIEW SELL ON RALLY. Escalating cases of the COVID-19, particularly in the Philippines, worry investors and this will spillover in the sentiment which expected to further drag the index.  The possible lockdown could drag sentiment since this will have … Continue reading

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On Balance: Daily Notes for March 12, 2020

OUR VIEW Book gains for now since negative sentiment on the spread of COVID-19 still affect investors. Equity markets remain volatile given the escalating cases of the virus. Construction industry including cements, may also hit earnings as the government expects … Continue reading

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