Monthly Archives: November 2020

On Balance: Daily Notes for November 13, 2020

OUR VIEW Trade between the 7,100 and 6,600. Selling pressure may pull the market down to its support level as the vaccine market rally overseas has paused while traders weighing the Covid-19 resurgence. The local bourse is expected to follow … Continue reading

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On Balance: Daily Notes for November 11, 2020

OUR VIEW Accumulate on dips as positive sentiment may still spillover in the coming days. However, we also expect a pullback given the rally these past few trading days. Particularly that if investors see that, given the Q3 GDP data, … Continue reading

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On Balance: Daily Notes for November 10, 2020

OUR VIEW Trade cautiously amid mixed sentiment in the market. Optimism in the equity markets remains following the victory of Joseph Biden as the new President of the US which investors viewed as favorable for the global relationships. Meanwhile, overvaluation … Continue reading

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On Balance: Weekly Notes for November 09, 2020

OUR VIEW FOR THE WEEK Accumulate on dips as the local market’s 5-day rally is seen to invite profit taking. Investors are expected to take cues from the results of the US election, as well as from 3Q corporate earnings … Continue reading

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On Balance: Daily Notes for November 06, 2020

OUR VIEW Book some gains after the four straight days of market gains. On a positive note, optimism over the US Election remains while waiting for the results. In the Philippines, investors are monitoring the earnings results while hoping for … Continue reading

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On Balance: Daily Notes for November 05, 2020

OUR VIEW Trade cautiously as investors around the world are monitoring the US election results. Yesterday’s rally still had conviction with value turnover above the year-to-date’s average. On the downside, mounting net foreign selling may provide selling pressure. On the … Continue reading

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On Balance: Daily Notes for November 04, 2020

OUR VIEW Accumulate shares as optimism remains with the US markets surging overnight as traders await the US election results. At home, investors are still focusing on the third quarter corporate earnings result. However, the fall of the PHL manufacturing … Continue reading

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On Balance: Trading Guide for November 03 to November 13, 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: CHP, WLCON, NIKL For the full research,  kindly go here: PTG – November … Continue reading

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