Monthly Archives: March 2020

On Balance: Daily Notes for March 11, 2020

OUR VIEW Sell on rally as investors await stimulus to lessen the impact of COVID-19 outbreak. In the US, investors cheered the proposed payroll tax cut to offset the adverse effect of the virus. However, be cautious since cases in … Continue reading

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On Balance: Daily Notes for March 10, 2020

OUR VIEW Sell shares for now amid escalating cases of COVID-19 in the Philippines. The risks from the virus are putting investors on the sidelines and this sentiment got even worst after OPEC did not strike a deal on oil … Continue reading

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On Balance: Trading Guide for March 9 to 20, 2020

Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. Stocks on focus: SLI, BLOOM, and TEL For the full research,  kindly go here: On Balance_Trading … Continue reading

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On Balance: Weekly Notes for March 9, 2020

OUR VIEW Trade within 6,700 and 7,000.  We expect the market to be volatile again this week but within the set range as COVID-19 outbreak still weigh on investors sentiment, particularly that cases in the Philippines mounted. Get an opportunity … Continue reading

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Philstocks Guro Season 2 Episode 20

Dear Valued Clients, Good day! Learn by seeing the different companies in the PSE together with the various investment concepts and lessons. Take cues on which stocks could be good for trading. Update your trades with knowledge. Teacher Japhet wants to … Continue reading

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On Balance: Daily Notes for March 6, 2020

OUR VIEW Trading range is within 6,700 and 7,000. Investors are reacting positively with the stimulus that the government and organizations is injecting to mitigate the impact of the COVID-19. Accumulate shares of banks given the increase of money supply, … Continue reading

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On Balance: Daily Notes for March 5, 2020

OUR VIEW Be selective on stocks to trade given the uncertainties in the market. We recommend defensive stocks like GLO, MPI and MER. COVID-19 outbreak is still anticipated to hit the PH economic growth. Fitch Solutions reduced growth forecast to … Continue reading

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On Balance: Daily Notes for March 4, 2020

OUR VIEW Wait for the market to establish support around 6,700 level since COVID-19 impact in the economy fears investors to position in the market. Rate cut anticipation from central banks may lift sentiment but the rally might be temporary … Continue reading

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On Balance: Daily Notes for March 3, 2020

OUR VIEW Accumulate shares as PH manufacturing activity remained to be strong despite current virus risk in the country, and at the same time, anticipation of full year 2019 earnings result could sway investors to hunt at bargain level– which … Continue reading

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On Balance: Weekly Notes for March 2, 2019

OUR VIEW Hunt bargain stocks for longer time frame since many fundamentally good companies are at bargain level due to the recent risk in the market. However, we see the market to drop around 6,500 if investors choose to stay … Continue reading

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