Monthly Archives: August 2021

On Balance: Daily Notes for August 18, 2021

Posted on August 17, 2021 by research

OUR VIEW Trade cautiously in the short run as traders may take some profits after the two-day rally in the market as the PSE index is near the 6,600 resistance level. Also, the potential geopolitical implications of the crisis in … Continue reading →

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On Balance: Daily Notes for August 17, 2021

Posted on August 16, 2021 by research

OUR VIEW The market’s short-term trading range remains at 6,400 to 6,600 levels. Investors will still be monitoring the Covid-19 cases at home. Yesterday, the Department of Health reported 14,610 new cases, the third-highest since the pandemic started. Some traders … Continue reading →

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On Balance: Weekly Notes for August 16, 2021

Posted on August 16, 2021 by research

OUR VIEW FOR THE WEEK While we may see some bargain hunting in the early part of this week following Friday last week’s steep drop, investors are still expected to take a cautious stance in light of our COVID-19 situation. … Continue reading →

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On Balance: Daily Notes for August 13, 2021

Posted on August 12, 2021 by research

OUR VIEW Trade from 6,400 to 6,800 in the short run. We expect a sideways movement with a downward bias for today as traders may take profits on the last trading day of the week to avoid any uncertainties over … Continue reading →

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On Balance: Daily Notes for August 12, 2021

Posted on August 11, 2021 by research

OUR VIEW Cautiously accumulate shares as the PSEi holds ground above the 6,600 support level with an improving value turnover of around P6.0 Bn in the past three trading days. Investors will be waiting for the interest rate decision of … Continue reading →

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On Balance: Daily Notes for August 11, 2021

Posted on August 10, 2021 by research

OUR VIEW Trade within 6,400 to 6,800. Investors are expected to digest the second-quarter GDP growth of 11.8% y/y. However, some would still be worrying about the current situation of the country amid the spread of the Covid-19 Delta variant. … Continue reading →

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Time to Accumulate Shares!

Posted on August 10, 2021 by research

Are you ready to accumulate shares of stocks? Because if not, you could miss the opportunity to buy companies at bargain levels. Did you know what you’ve missed? On March 19 of last year, the local market fell to a … Continue reading →

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On Balance: Daily Notes for August 10, 2021

Posted on August 9, 2021 by research

OUR VIEW Trade cautiously after the market breaks the current resistance of 6,600 level with a better volume. However, dynamic resistances, the 50-day and 200-day EMAs, are waiting just around the 6,650. If it fails to stay above 6,600, PSEi … Continue reading →

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On Balance: Trading Guide for August 09 – 20, 2021

Posted on August 9, 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: ACEN & ALLHC For the full research,  kindly go here: Philstocks Trading Guide … Continue reading →

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On Balance: Daily Notes for August 06, 2021

Posted on August 5, 2021 by research

OUR VIEW Book more gains for now as the sentiment may be clouded by the start of the imposition of the Enhanced Community Quarantine (ECQ). Although some investors may have already been priced in the negative impact but a downward … Continue reading →

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