Monthly Archives: August 2020

OUR VIEW Book more profits on the last trading day of the week, as sell-off may happen given the long weekend ahead. Uncertainties in the market as well as in the economy may arise so it is better to have … Continue reading →

OUR VIEW Trade cautiously as the Philippines Covid-19 cases surpassed 200,000-mark, with additional 5,277 additional cases yesterday, the fourth-highest reported in a single day. On a data front, government budget deficit for July reached P140.2 billion, +86.21% compared with the … Continue reading →

OUR VIEW Cautiously hunt for bargain stocks after the three consecutive days of market decline. Start with themost laggards including but not limited to SM Prime Holdings, Inc. [pse:SMPH], Ayala Land, Inc.[pse: ALI], etc. Overseas, developments on the Covid-19 pandemic … Continue reading →

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: EEI, HOME, APX For the full research,  kindly go here: PTG – August 24, 2020 For … Continue reading →

OUR VIEW Wait on the 6,000 support line as traders could book more gains ahead of the long weekend. Investors participation is expected to remain weak. In addition, investors are waiting for the fresh catalyst to move the market in … Continue reading →

OUR VIEW Trade between 6,000 support and 6,200 resistance . General Community Quarantine (GCQ) in Metro Manila and nearby areas to take effect today. More businesses will be reopened and store capacity will increase. We may also see a pick … Continue reading →

OUR VIEW Take a buy position if the government placed Metro Manila and other areas, on relaxed quarantine measures but sell sells if it extends the Modified Enhanced Community Quarantine in the mentioned areas. Good thing about the market is … Continue reading →

OUR VIEW FOR THE WEEK Trade cautiously as the local bourse is seen to test its 6,100 resistance level amid lingering uncertainties with respect to our pandemic situation. Next week, investors are expected to take cues from the pandemic situation … Continue reading →

OUR VIEW The local market gained 102.78 points or 1.71%, to 6,097.78 following the positive cues from the performances of US markets and hints from the government of looser lockdown measures. The government said that the Philippines cannot afford to … Continue reading →