Monthly Archives: February 2022

On Balance: Weekly Notes for February 14, 2022

Posted on February 14, 2022 by research

OUR VIEW Last week, the local bourse fell back below the 7,300 level. This week, the market is expected to test the validity of the said breach. If the market is able to regain its ground at 7,300, then this … Continue reading →

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On Balance: Daily Notes for February 11, 2022

Posted on February 11, 2022 by research

OUR VIEW Book more gains after the market failed to stay above the 7,500 resistance area amid lack of strong catalysts. Meanwhile, we think that optimism remains as the Covid-19 cases are declining and the restrictions are already easing. Overseas, … Continue reading →

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On Balance: Daily Notes for February 10, 2022

Posted on February 10, 2022 by research

OUR VIEW Unload some shares after the market breached the 7,500 resistance level. We think that we need more conviction and strong catalysts in order to hold ground above this area. The 7,500 level will continue to be tested in … Continue reading →

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On Balance: Daily Notes for February 09, 2022

Posted on February 8, 2022 by research

OUR VIEW Trade cautiously. The market’s range remains from 7,300 to 7,500 levels. Investors will be waiting for further catalysts including but not limited to the earnings of the companies for the full year of 2021. We will be looking … Continue reading →

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On Balance: Daily Notes for February 08, 2022

Posted on February 7, 2022 by research

OUR VIEW Buying on dips is recommended for position traders amid the improving sentiment at home brought by the easing of restrictions. The country’s vaccination drive continues while the Covid -19 daily cases are declining. The market’s trading range is … Continue reading →

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On Balance: Weekly Notes for February 07, 2022

Posted on February 7, 2022 by research

OUR VIEW Last week, the local market managed to breach the 7,300 level which was considered as a resistance. This week, the market could be able to hold its position above the said level buoyed by improving economic prospects as … Continue reading →

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On Balance: Daily Notes for February 04, 2022

Posted on February 4, 2022 by research

OUR VIEW Buy at 7,300 support level. The current trading range of the market is seen at 7,300 to 7,500 but the 7,300 level will continue to be tested in the coming days. But still, positive sentiment remains given the … Continue reading →

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On Balance: Daily Notes for February 03, 2022

Posted on February 3, 2022 by research

OUR VIEW Accumulate on dips. The PSEi may not have enough strength to break the 7,500 level for now after failing yesterday. This could be the resistance of the market while support is pegged at 7,300. On the upside, optimism … Continue reading →

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Citicore Energy REIT Corp. [PSE: CREIT] IPO Report

Posted on February 2, 2022 by research

OUR TAKE We recommend SUBSCRIBING to CREIT given its highly competitive dividend yields for the years 2022 and 2023 at 7.04% and 7.45%, respectively. This is higher than its peers’ average of 5.76% based on their offer prices. Unlike other … Continue reading →

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On Balance: Daily Notes for February 02, 2022

Posted on February 2, 2022 by research

OUR VIEW Trade cautiously. After the market jumped above 7,300, this level will be tested in the coming days. The catalyst of the surge was the surprising shift of Metro Manila to Alert Level 2 restrictions from Alert Level 3. … Continue reading →

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