Monthly Archives: May 2020

On Balance: Daily Notes for May 29, 2020

Posted on May 28, 2020 by research

OUR VIEW Trade cautiously as investors anticipate easing of lockdown measures for the reopening of the economy, however, the spike of Covid-19 cases in the country yesterday could pull sentiment. While overseas, tension between the US and China linger, amid … Continue reading →

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On Balance: Daily Notes for May 28, 2020

Posted on May 27, 2020 by research

OUR VIEW Cautiously buy shares amid optimism on the reopening of the economy which brings US stock futures higher yesterday. At home, Metro Manila mayors agreed to place NCR under general community quarantine (GCQ), which could help for economic recovery … Continue reading →

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MerryMart Report

Posted on May 27, 2020 by research

OUR TAKE MerryMart Consumer Corp. [MM] will offer 1,594,936,709 shares priced at P1.00 each.  Estimated proceeds of P1.4 billion are earmarked for capital expenditures and initial working capital for store network expansion, distribution centers and general corporate purposes. We recommend … Continue reading →

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On Balance: Daily Notes for May 27, 2020

Posted on May 27, 2020 by research

OUR VIEW Trade cautiously as investors weigh vaccine hopes abroad and government’s action against the Covid-19 pandemic. Equity markets were mostly up after Novavax has started the Phase 1 clinical trial of a coronavirus vaccine, and preliminary results from trial … Continue reading →

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MerryMart IPO Analysis (Philstocks Guro Season 2 Episode 20)

Posted on May 26, 2020 by research

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 see you in class. Catch … Continue reading →

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On Balance: Weekly Notes for May 26, 2020

Posted on May 25, 2020 by research

OUR VIEW FOR THE WEEK This week’s trading is still expected to have a downward bias as the Coronavirus stricken local market, faces a brewing geopolitical tension offshore. With no solution yet against COVID-19, investors will still face the health … Continue reading →

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On Balance: Daily Notes for May 22, 2020

Posted on May 21, 2020 by research

OUR VIEW Profit take for now after the market rallied for three consecutive days, and traders are anticipated to book gains for the long weekend ahead. Resistance is at 5,665; Support is at 5,500. Overseas, analysts see the US Markets … Continue reading →

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On Balance: Daily Notes for May 21, 2020

Posted on May 20, 2020 by research

OUR VIEW Trade cautiously as the market seems to continue moving sideways amid uncertainty on Covid-19 vaccine. While at home, lower tax collection in April could hinder economic recovery as it delays some projects of the government. Also, news that … Continue reading →

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On Balance: Daily Notes for May 19, 2020

Posted on May 19, 2020 by research

OUR VIEW Bargain hunt given the easing of lockdown in most countries, including the Philippines to reopen the economy while Fed Chair Powell assessed the recovery of the US economy. Positive performances of the US indices on vaccine hopes, may … Continue reading →

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On Balance: Weekly Notes for May 4, 2020

Posted on May 4, 2020 by research

MARKET WRAP ● PSEI books first winning month.​ Riding strong performances by overnight markets in the US and  Europe and alongside equally stellar markets in Asia, the PH benchmark stood at 5,700.71 at the close of  the month’s trade, securing … Continue reading →

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