Monthly Archives: April 2022

On Balance: Daily Notes for April 29, 2022

Posted on April 29, 2022 by research

OUR VIEW Trade cautiously. Given the weak market participation in the bourse, it may not be able to return above the 7,000, especially on the last trading day of the week. Some stocks in other markets are recovering from the … Continue reading →

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On Balance: Daily Notes for April 28, 2022

Posted on April 28, 2022 by research

OUR VIEW Long-term investors may accumulate on dips or at least around the support area of 6,800 as the PSEi may have a technical bounce after the slump yesterday. In line with this, as of 5:00 pm yesterday, the US … Continue reading →

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On Balance: Daily Notes for April 27, 2022

Posted on April 27, 2022 by research

OUR VIEW As the market still can’t manage to stay above the 7,000 levels, continue to trade with caution. Investors are still waiting for the fresh catalysts to move the market. However, take note that experts warn about the possible … Continue reading →

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TsupitHero’s Trading Plan: TRADE SCC

Posted on April 26, 2022 by research

TRADE PLAN We recommend taking positions in SCC only if it regains its position above its 29.15 support level and its 50-day exponential moving average (EMA). We may also add to our positions if it manages to break and sustain … Continue reading →

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On Balance: Daily Notes for April 26, 2022

Posted on April 26, 2022 by research

OUR VIEW Trade cautiously as the Asian markets, including the local bourse, took a hit from the decline of Wall Street last Friday. On a positive note, some bargain hunters managed to lift the bourse at the last minute. However, … Continue reading →

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On Balance: Weekly Notes for April 25, 2022

Posted on April 25, 2022 by research

OUR VIEW This week, the local market is expected to continue contending with macroeconomic concerns while positive catalysts are yet to be found. The rally in the US bond yields amid the aggressively hawkish signals from the Federal Reserve may … Continue reading →

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On Balance: Daily Notes for April 22, 2022

Posted on April 22, 2022 by research

OUR VIEW On the last trading day of the week, some investors are expected to book more profits to avoid any uncertainties over the weekend, particularly with the weak market participation. In short– to medium term, we see the market … Continue reading →

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On Balance: Daily Notes for April 21, 2022

Posted on April 21, 2022 by research

OUR VIEW Book some gains after the market climbed for four consecutive days which may lead to profit-taking by the short-term traders, particularly with the weak market participation. We expect sideways movements with a downward bias in the next few … Continue reading →

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On Balance: Daily Notes for April 20, 2022

Posted on April 20, 2022 by research

OUR VIEW Trade cautiously this Wednesday. We may see some profit taking pressures following the local market’s 3-day rally on weak footing. The continuous rise in US bond yields and the depreciation of the local currency may also weigh on … Continue reading →

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On Balance: Daily Notes for April 19, 2022

Posted on April 20, 2022 by research

OUR VIEW Trade cautiously this Tuesday as the local market may continue to test the 7,000 – 7,100 range. The continuous rise in the US’ bond yields, together with inflation concerns amid the hike in local fuel prices and agricultural … Continue reading →

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