Monthly Archives: January 2021

OUR VIEW Book some gains in order to avoid any uncertainties over the weekend that could possibly weigh on the market sentiment. The approval of the FDA for the emergency use of PfizerBioNTech vaccine can spur optimism as it helps … Continue reading →

OUR VIEW Trade within the market’s range. Investors are currently monitoring the developments on the rollout of COVID-19 vaccines around the world, particularly in the Philippines. Still, we see no fresh and strong catalyst to breakout from the 7,300 resistance … Continue reading →

OUR VIEW Trade between 7,000 support and 7,300 resistance levels. Currently, we see no strong catalyst to further push the market level above its immediate resistance. Covid-19 cases in the Philippines are still mounting with an average of 1,500-2,000 cases … Continue reading →

OUR VIEW Trade cautiously after the last minute profit taking yesterday, erasing most gains yesterday. Given its prior candlestick, we see a downward bias for today. On a positive note, the agreement between some local government cities and vaccine makers … Continue reading →

OUR VIEW Trade between 7,000 and 7,300 levels. This is the current trading range of the market and it seems to respect the 7,000 support level. Investors are expected to monitor developments over the Covid-19 vaccine as well as the … Continue reading →

OUR VIEW Hunt for bargain stocks, preferably with strong fundamental after two consecutive days of losses and as the market maintains above its psychological support of 7,000. Meanwhile, worries from the new Covid variant where the first infected person in … Continue reading →

OUR VIEW Cautiously accumulate fundamentally strong stocks with bright prospects in the future at bargain level after the market’s decline yesterday. Overseas, European markets are choppy as investors monitor the spread of the Covid-19 cases while British Prime Minister Boris … Continue reading →