Monthly Archives: January 2022

On Balance: Weekly Notes for January 31, 2022

OUR VIEW Accumulate cautiously. Next week, we may see the local market rise following the government’s decision to ease restrictions in selected areas of the country, including the National Capital Region by February 1, 2022. The move may spur optimism … Continue reading

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On Balance: Daily Notes for January 28, 2022

OUR VIEW Trade cautiously. Investors may still digest the better-than-expected 2021 GDP performance of the country, particularly with the improving Covid-19 situation at home. On the other hand, many are still on the sidelines, waiting for the next quarantine measure … Continue reading

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On Balance: Daily Notes for January 27, 2022

OUR VIEW Accumulate on dynamic support. So far, the Covid-19 daily infection at home is improving, this rises hopes for the easing of restrictions. OCTA Research sees cases to decline to 500 by February 14. This may provide optimism in … Continue reading

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On Balance: Daily Notes for January 26, 2022

OUR VIEW Trade cautiously. The detection of a sub-lineage of the Omicron variant may pose risk to the sentiment in the market as investors will speculate the adverse impact of it on the current situation in the country. If this … Continue reading

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On Balance: Daily Notes for January 25, 2022

OUR VIEW Accumulate on dips. Since the uncertainties and worries over the Covid-19 situation at home, we may continue to see the market to trade sideways in the meantime. The market still lacks a major catalyst that could break the … Continue reading

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On Balance: Weekly Notes for January 24, 2022

OUR VIEW FOR THE WEEK Trade cautiously. The uncertainties over the Covid-19 situation at home and the rising bond yields largely affect the sentiment in the market. So far, there has been a decrease in active cases and ICU bed … Continue reading

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On Balance: Daily Notes for January 21, 2022

OUR VIEW Mixed sentiment remains so we advised to still trade cautiously, look for opportunities outside the main index. There was a notable rally yesterday with the Mining stocks which traders may take advantage of in the short run. However, … Continue reading

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On Balance: Daily Notes for January 20, 2022

OUR VIEW Trade cautiously amid mixed sentiment in the market. Offshore, investors were worried over the rising US bond yields which may soon affect the more risky assets. Yesterday, Asian shares were in the red following the negative sentiment from … Continue reading

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On Balance: Daily Notes for January 19, 2022

OUR VIEW Book some gains as the market may not sustain yesterday’s rally amid a lack of conviction. Despite breaking the 7,300, we are still seeing the market to trade within 7,000 to around 7,300 since the restrictions remained in … Continue reading

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On Balance: Daily Notes for January 18, 2022

OUR VIEW Trade cautiously. Despite the growing Covid-19 cases, the local bourse stays above the 7,000 psychological level. It shows that investors are hopeful that the government will not raise the current alert level restrictions to more strict quarantine measures. … Continue reading

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