Monthly Archives: July 2021

On Balance: Daily Notes for July 22, 2021

Posted on July 21, 2021 by research

OUR VIEW With the local market already declining for four straight days, we may see some bargain hunting in Thursday’s trading. Still, Delta variant worries both inside and outside the country are seen to hinder the bourse from making a … Continue reading →

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On Balance: Daily Notes for July 21, 2021

Posted on July 19, 2021 by research

OUR VIEW Hunt for bargains cautiously after the market extended its decline last Monday as investors were worried over the detection of Delta Variant in the Philippines. If this variant spreads further and becomes highly infectious, the government may impose … Continue reading →

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On Balance: Weekly Notes for July 19, 2021

Posted on July 19, 2021 by research

OUR VIEW FOR THE WEEK Unload positions as the worries caused by the detection of COVID-19 cases with a locally transmitted Delta variant may linger in this week’s trading. The local transmission of the Delta variant, which is known to … Continue reading →

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On Balance: Daily Notes for July 16, 2021

Posted on July 15, 2021 by research

OUR VIEW Trade cautiously after the PSEi declined below the 50-day EMA dynamic support. On the other hand, we may see mixed sentiment from the investors as the greater manila is under general community quarantine (GCQ) until July 31 with … Continue reading →

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On Balance: Daily Notes for July 15, 2021

Posted on July 14, 2021 by research

OUR VIEW Take some profits as the bourse may get affected by the negative sentiment from overseas. As of this writing, the Asian markets, US and European futures are in the red after the US inflation rate in June recorded … Continue reading →

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On Balance: Daily Notes for July 14, 2021

Posted on July 13, 2021 by research

OUR VIEW Trade and wait around 6,600 level. Sideways movement with a downward bias is expected as many investors remain on the sidelines waiting for the market to establish a strong support area. Traders are also on the lookout for … Continue reading →

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On Balance: Daily Notes for July 13, 2021

Posted on July 12, 2021 by research

OUR VIEW Trade cautiously. The sustainability of Monday’s rally is questionable given the tepid market participation as seen in the low value turnover. In addition, net foreign outflows have been consecutive for the past 6 trading days averaging P417.96 million, … Continue reading →

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On Balance: Trading Guide for July 12 to 23, 2021

Posted on July 12, 2021 by research

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

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On Balance: Daily Notes for July 09, 2021

Posted on July 8, 2021 by research

OUR VIEW Accumulate on dips, better to wait on the 6,900 immediate support of the market. Having no fresh leads along with weak investors’ participation may put the market in consolidation. Traders may also take profits on the last trading … Continue reading →

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On Balance: Daily Notes for July 08, 2021

Posted on July 7, 2021 by research

OUR VIEW Trade within the market’s short term range of 6,900 to 7,100 as we expect sideways movement amid lack of catalyst. Market participation is still weak with a value turnover of lower than P5 Bn daily. Investors may also … Continue reading →

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