Monthly Archives: January 2021

On Balance: Daily Notes for January 29, 2021

OUR VIEW Hunt for bargains as we expect a technical rebound amid month-end window dressing. But on the downside, bears may exit the market ahead of the weekend to avoid uncertainties. Investors will also wait for the quarantine restrictions this … Continue reading

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On Balance: Daily Notes for January 28, 2021

OUR VIEW In the short-run, sell more shares if the full-year Philippine GDP growth comes worse-thanexpectation of 8.5% -9.5% of the government. Better to wait on 6,700-6,800 support area then accumulate fundamentally strong companies for the long term. Overseas, IMF … Continue reading

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On Balance: Daily Notes for January 27, 2021

OUR VIEW Accumulate more shares if the market return to 7,000 level, however, if it falls further, wait on 6,700-6,800 support levels. Investors will wait for the decision of the government for the next quarantine measures as worries heightened amid … Continue reading

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On Balance: Daily Notes for January 26, 2021

OUR VIEW Accumulate shares of fundamentally strong companies, particularly the PSEi members after the index rebounded on 7,000 support level. While domestic investors are waiting for further development in the Covid-19 vaccine, we see the index to stay above 7,000 … Continue reading

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On Balance: Trading Guide for January 25 to February 05, 2021

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: BSC & PX For the full research,  kindly go here: Philstocks Trading Guide … Continue reading

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On Balance: Daily Notes for January 22, 2021

OUR VIEW Trade cautiously ahead of the weekend, particularly that foreigners seem to shift their funds to abroad due to the expected slow economic recovery in the Philippines. In Asia, some agencies are expecting that the Philippines would be the … Continue reading

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On Balance: Daily Notes for January 21, 2021

OUR VIEW Accumulate cautiously fundamentally sound companies but still limit your position as the index still can’t break the 7,300 level resistance level and currently, it falls below the immediate support area of 7,150 levels. The PSEi is already below … Continue reading

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On Balance: Daily Notes for January 20, 2021

OUR VIEW Trading outside the PSEi is still recommended for short-term traders as positive sentiment in that sector remains. However, be cautious with the other stocks and set a cut loss point as some of these stocks are not fundamentally … Continue reading

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On Balance: Daily Notes for January 19, 2021

OUR VIEW Ride with the bulls outside the PSEi, but do not hold a certain stock for a long period, particularly those stocks based only on technical or sentiment. Make sure to set a cut loss point. Currently, stocks in … Continue reading

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On Balance: Weekly Notes for January 18, 2021

OUR VIEW FOR THE WEEK Trade cautiously as pandemic worries are expected to weigh on market sentiment. Positive vaccine narratives may provide support. This week, we may see sideways movement from the local market with a downward bias. Pandemic worries … Continue reading

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