Monthly Archives: November 2021

On Balance: Weekly Notes for November 15, 2021

Posted on November 15, 2021 by research

OUR VIEW FOR THE WEEK With the Q3 GDP data already out, and the Q3 corporate earnings report season about to end, investors are expected to look forward to the developments for the remainder of the last quarter of the … Continue reading →

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On Balance: Daily Notes for November 12, 2021

Posted on November 11, 2021 by research

OUR VIEW Trade cautiously since it may move sideways as an extended market pullback is expected on the last trading day of the week but some bargain hunters may take advantage of the 2-day selling. Meanwhile, Covid-19 cases continue to … Continue reading →

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On Balance: Daily Notes for November 11, 2021

Posted on November 10, 2021 by research

OUR VIEW Profit-taking may continue further with testing of the 7,300 levels. Investors may also take cues from the MSCI rebalancing announcement today that will take effect on December 01, 2021. Given this, we may wait if there will be … Continue reading →

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On Balance: Daily Notes for November 10, 2021

Posted on November 9, 2021 by research

OUR VIEW Trade cautiously after the market gained for six straight days, breaking the 7,300 level. The optimism in the economy drives the market’s rally, particularly with the improving Covid-19 situation. Market participation was also strong with month-to-date’s average of … Continue reading →

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On Balance: Daily Notes for November 09, 2021

Posted on November 8, 2021 by research

OUR VIEW Accumulate on dips. Investors are expected to take cues from the third-quarter GDP growth that will be released today. But some investors may have already been priced in the expectation for the third quarter since the economy is … Continue reading →

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On Balance: Weekly Notes for November 09, 2021

Posted on November 8, 2021 by research

OUR VIEW FOR THE WEEK Last week, the local market managed to close above the 7,300 resistance level. This week, the validity of this breach is expected to be tested. While last week’s rally could invite selling pressures, the market … Continue reading →

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On Balance: Daily Notes for November 05, 2021

Posted on November 4, 2021 by research

OUR VIEW Take some profits on the last trading day of the week after the market rally for three straight days. Market participation in the past three days is also weak with an average net market value turnover of P7 … Continue reading →

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On Balance: Daily Notes for November 04, 2021

Posted on November 3, 2021 by research

OUR VIEW Trade cautiously after the weak rally yesterday while investors await the third-quarter earnings result. The current trading range of the market remains from 7,000-7,100 support levels to 7,300 resistance. This is expected to be maintained while investors wait … Continue reading →

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On Balance: Daily Notes for November 03, 2021

Posted on November 2, 2021 by research

OUR VIEW Accumulating around the support area, 7,000 to 7,100 levels is recommended. The pullback of the market to support levels is an opportunity to accumulate assuming that it will stay above this. On a positive note, the proposal to … Continue reading →

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On Balance: Weekly Notes for November 02, 2021

Posted on November 2, 2021 by research

OUR VIEW FOR THE WEEK Last week, the local market was brought down to its 7,000 – 7,100 support range. This week, the said range could be tested further. The failed hopes of downgrading the National Capital Region’s alert level … Continue reading →

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