Monthly Archives: December 2020

OUR VIEW Book some profits on the last trading day of the week after yesterday’s gain in order to avoid uncertainties over the weekend, particularly with the negative sentiment from the possible “no-deal” Brexit and stalled stimulus talks in the … Continue reading →

OUR VIEW Trade between the market’s support of 6,600 and resistance of 7,200. Today, the market will test the psychological support of 7,100 and 7,000 levels. On a positive note, the vaccine rollout fueled optimism in overseas markets as it … Continue reading →

OUR VIEW Take some profits as the market closed last trading day near the resistance level. Overseas, equity markets traded in the red amid rising fears that Brexit trade deal will fail to reach. While in the US, investors are … Continue reading →

OUR VIEW Trade cautiously as the market is near the resistance level of around 7,200, coupled with the overvaluation in terms of the P/E ratio. Since today is the last trading day of the week, traders may profit take to … Continue reading →

OUR VIEW BUY shares, particularly stocks in the PSEi, as the approval of the United Kingdom of the Pfizer -BioNTech Covid-19 vaccine is expected to spur positive sentiment in the market. Traders may ignore other noises that could affect the … Continue reading →

OUR VIEW Trade between the market’s support of 6,600-6,700 and resistance of 7,240. Investors remain to be forward-looking and most are still hoping for the economic recovery along with the Covid19 vaccine development. Economy-wise, the Christmas rush may spur optimism … Continue reading →