Monthly Archives: March 2022

On Balance: Weekly Notes for March 07, 2022

OUR VIEW Trade cautiously. This week, the local market may continue to move sideways within its 7,300 support and 7,500 resistance. The sustained improvements over our COVID-19 situation is seen to fuel positive sentiment which can provide the market support. … Continue reading

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On Balance: Daily Notes for March 04, 2022

OUR VIEW Book some gains to avoid any uncertainties over the weekend, particularly with the ongoing Russia-Ukraine tensions. Any huge developments from the tensions would significantly affect the sentiment either positively or negatively. Back at home, investors will also be … Continue reading

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On Balance: Daily Notes for March 03, 2022

OUR VIEW Trade cautiously after the oil prices surged with the global benchmarks, Brent, WTI, and even Dubai crude, topping $100 per barrel. According to BSP Governor Benjamin Diokno, as long as the Dubai crude stays around $95 per barrel, … Continue reading

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On Balance: Daily Notes for March 02, 2022

OUR VIEW Accumulate on dips. Investors are still optimistic given the loosening of restrictions at home, however, the Russia-Ukraine tension abroad affects the sentiment. As of the moment, the visible impact of the conflict is on the oil prices which … Continue reading

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On Balance: Daily Notes for March 01, 2022

OUR VIEW Trade cautiously after the market returned above the 7,300 support level. One of the reasons for the market’s strength was the easing of the restrictions at home while the Covid-19 daily cases are declining. Starting today, if not … Continue reading

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