Monthly Archives: November 2021

On Balance: Weekly Notes for November 29, 2021

Posted on November 29, 2021 by research

OUR VIEW FOR THE WEEK We may see a turbulent market this week as COVID-19 worries resurface due to the new COVID-19 variant Omicron. The said strain which is said to have many mutations and is now tagged as a … Continue reading →

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On Balance: Daily Notes for November 26, 2021

Posted on November 25, 2021 by research

OUR VIEW Book more gains. Yesterday’s decline may extend as traders may continue to book more profits on the last trading day of the week. The immediate support of the market remains at 7,300, if it falls below this level, … Continue reading →

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On Balance: Daily Notes for November 25, 2021

Posted on November 25, 2021 by research

OUR VIEW Accumulate on dips. Medium– to long-term investors may accumulate shares before the effectivity of the MSCI Rebalancing on the last day of November. We are also expecting a Christmas rally in the coming weeks, especially if the government … Continue reading →

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On Balance: Daily Notes for November 24, 2021

Posted on November 24, 2021 by research

OUR VIEW Book some gains after the market surged yesterday. Although we’ve seen conviction yesterday as the net market value turnover was higher than this month’s average, we think that some traders may take profits due to lack of strong … Continue reading →

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On Balance: Daily Notes for November 23, 2021

Posted on November 23, 2021 by research

OUR VIEW Trade cautiously as the local bourse may still move sideways. The market will continue searching for a strong catalyst to get the index back above the 7,300 level. We may also see investors rebalancing their portfolio following the … Continue reading →

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On Balance: Weekly Notes for November 22, 2021

Posted on November 22, 2021 by research

OUR VIEW FOR THE WEEK This week, the overall sentiment is expected to remain cautious as investors wait for catalysts for the market. Investors are seen to watch out for developments that would help in keeping or boosting the momentum … Continue reading →

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On Balance: Daily Notes for November 19, 2021

Posted on November 19, 2021 by research

OUR VIEW Trade cautiously. The market will test the 7,300 level after it slightly closed below this yesterday. Investors will be finding and waiting for the strong catalyst to get the market back above the mentioned level after the Bangko … Continue reading →

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On Balance: Daily Notes for November 18, 2021

Posted on November 17, 2021 by research

OUR VIEW Trade cautiously as sideways movement is expected while investors await the meeting of the Bangko Sentral ng Pilipinas (BSP). Investors may wait for the outlook of the BSP in the economy, particularly on the inflation amid elevated oil … Continue reading →

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On Balance: Daily Notes for November 17, 2021

Posted on November 16, 2021 by research

OUR VIEW Accumulate on support areas. The market is expected to test the 7,300 level, failing to stay above this would return the market’s support to 7,000 to 7,100 area. Given the optimism in the market amid the declining Covid-19 … Continue reading →

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On Balance: Daily Notes for November 16, 2021

Posted on November 15, 2021 by research

OUR VIEW Trade cautiously as investors find strong catalysts to move the market. Since earnings results have already been disclosed, investors are expected to digest it. Also, the market may take cues from the performance of the overseas markets. Yesterday, … Continue reading →

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