Monthly Archives: December 2021

On Balance: Daily Notes for December 17, 2021

OUR VIEW Book some gains on the last trading day of the week to avoid any uncertainties over the weekend particularly with the recent detection of the Omicron variant in the country. As for the current Covid-19 daily cases, it … Continue reading

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On Balance: Daily Notes for December 16, 2021

OUR VIEW Trade cautiously as the Philippines detected two cases of Omicron variant. Selling pressure is possible as investors anticipate the downside risks of having the highly transmissible variant. Although the government has maintained the Alert Level 2 restrictions in … Continue reading

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On Balance: Daily Notes for December 15, 2021

OUR VIEW Take profits. After two consecutive days of gains, we may see some selling pressures in the market this Wednesday. Some investors may stay on the sidelines, still waiting for the decision of the Federal Reserve on interest rates. … Continue reading

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On Balance: Daily Notes for December 14, 2021

OUR VIEW Accumulate shares cautiously as the market holds ground above the 7,000-7,100 support levels. In line with our neighboring peers, investors will be waiting for the decision of the Federal Reserve towards the interest rates and its inflation rate … Continue reading

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On Balance: Weekly Notes for December 13, 2021

OUR VIEW FOR THE WEEK Trade cautiously. The Federal Reserve’s policy meeting is expected to be one of the main factors in this week’s trading. In light of the latest US inflation print which shows that the price increase in … Continue reading

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On Balance: Daily Notes for December 10, 2021

OUR VIEW Book some gains after the market rallied for five straight days, making it more susceptible for profit taking especially ahead of the weekend. Overseas, investors are assessing the impact of the Omicron variant and are also keeping an … Continue reading

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On Balance: Daily Notes for December 09, 2021

OUR VIEW Trade cautiously after the market rallied for four straight days as it is susceptible for profit taking. After releasing inflation and unemployment rate data, traders will be waiting again for the catalysts to move the bourse. Overseas, investors … Continue reading

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On Balance: Daily Notes for December 07, 2021

OUR VIEW Accumulate on dips. The market will continue testing the 7,000 to 7,100 support levels. Despite the gain yesterday, net market value turnover was thin at P5.6 Bn only, lower than the year-to-date average of P7.46 Bn. So far, … Continue reading

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On Balance: Weekly Notes for December 06, 2021

OUR VIEW FOR THE WEEK Last week’s decline brought the local market back to its 7,000 – 7,100 support range. This week, we may see this support range tested. Investors are still expected to watch out for developments over the … Continue reading

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On Balance: Daily Notes for December 03, 2021

OUR VIEW Accumulate shares cautiously after the market returned to 7,000 psychological level. Bargain hunting may be extended as the market returns above the old support area. Also, the sentiment may get lifted by the decision of the government to … Continue reading

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