Monthly Archives: April 2021

On Balance: Daily Notes for April 30, 2021

OUR VIEW Take profits following the two-day weak rally of the market which is seen by the lower net value turnover of below P5 Bn. Traders may also book gains on the last trading day of the week to protect … Continue reading

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On Balance: Daily Notes for April 29, 2021

OUR VIEW Trade cautiously after the market rally yesterday which may not be sustainable amid weak market participation with a net value turnover of below P5 Bn. Despite yesterday’s gains, foreigners remained net sellers for 19 straight days. On a … Continue reading

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On Balance: Daily Notes for April 28, 2021

OUR VIEW Accumulate stocks that are currently undervalued amid weak market. We may see traders to stay on the sidelines while waiting for the next quarantine measures after April 30, 2021, which is expected to announce later today. Asian peers, … Continue reading

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On Balance: Daily Notes for April 27, 2021

OUR VIEW Accumulate fundamentally stable stocks while the market is finding a strong support area. Investors are monitoring the first quarter results to see an opportunity for companies that are expected to rebound this year. Also, investors will also watch … Continue reading

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On Balance: Weekly Notes for April 26, 2021

OUR VIEW FOR THE WEEK Trade cautiously as the market is seen to take cues from the quarantine measure decisions, COVID -19 case counts, and Q1 corporate results this week. Investors are expected to look towards the government’s decision with … Continue reading

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On Balance: Daily Notes for April 23, 2021

OUR VIEW Chart-wise, trade cautiously after a death cross showed already (50-day EMA crossing below the 200-day EMA). This is a strong sell signal using the moving average crossover. We expect more selling pressure especially with no fresh leads in … Continue reading

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On Balance: Daily Notes for April 22, 2021

OUR VIEW Hunt for bargains after the PSEi fell again on support areas, however, the absence of strong catalysts may lead the market into sideways movement. Overseas, sentiment turned negative amid the surging of Covid-19 cases globally. Some parts of … Continue reading

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On Balance: Daily Notes for April 21, 2021

OUR VIEW Trade cautiously amid the uncertainties in the economy with lack of strong catalysts to move the market upward. Market participation is still weak with an average net value turnover of only P5.00 Bn per day, month-to-date. Investors are … Continue reading

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On Balance: Daily Notes for April 20, 2021

OUR VIEW Accumulate shares as the market is near again the support area but limit your position amid uncertainties in the economy as Covid-19 cases continue to mount. Overseas, most Asian markets were up amid expectation that the monetary policy … Continue reading

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On Balance: Trading Guide for April 19 to 30, 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: PCOR & AT For the full research,  kindly go here: Philstocks Trading Guide … Continue reading

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