Monthly Archives: April 2022

On Balance: Weekly Notes for April 18, 2022

Posted on April 20, 2022 by research

OUR VIEW While we may see some bargain hunting following two successive weeks of decline, the general market sentiment this week is still seen to have a bearish bias due to the lingering macroeconomic concerns. The rising yields in the … Continue reading →

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On Balance: Daily Notes for April 13, 2022

Posted on April 13, 2022 by research

OUR VIEW Trade cautiously on the last trading day of the week ahead of the long weekend. Some traders are expected to sell positions today to avoid any uncertainties, particularly with the worries over the inflation rate in the US … Continue reading →

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On Balance: Daily Notes for April 12, 2022

Posted on April 12, 2022 by research

OUR VIEW Cautiously accumulate fundamentally strong stocks for the long-term. Meanwhile, short-term traders may sell position for now. The market was weak and is expected to continue for the next few days ahead of the long weekend. Some traders may … Continue reading →

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On Balance: Weekly Notes for April 11, 2022

Posted on April 11, 2022 by research

OUR VIEW This week, the local market could move with a downward bias as it continues to face headwinds from both offshore and onshore. The Federal Reserve’s hawkish monetary policy outlook is seen to remain as a big concern for … Continue reading →

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On Balance: Daily Notes for April 08, 2022

Posted on April 8, 2022 by research

OUR VIEW Trade cautiously after the market declined below the 7,000 psychological support level. Investors may wait for the market to get back above the 7,000 level before positioning or wait for the next support around 6,800. On a positive … Continue reading →

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On Balance: Daily Notes for April 07, 2022

Posted on April 7, 2022 by research

OUR VIEW Investors may accumulate on dips, cautiously. The market sentiment is still negative as investors digested the Federal Reserve’s plan to tighten the monetary policy. On the data front, investors will be waiting for the unemployment rate that is … Continue reading →

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On Balance: Daily Notes for April 06, 2022

Posted on April 5, 2022 by research

OUR VIEW Trade cautiously. Chart-wise, we are seeing the market’s trading range from the 200-day exponential moving average (EMA) to the 50-day EMA in the short run. The market’s RSI (14) is also showing a weak momentum, moving below the … Continue reading →

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On Balance: Daily Notes for April 05, 2022

Posted on April 5, 2022 by research

OUR VIEW Trade cautiously. Weak market participation may lead the bourse to sideways movement in the short run while waiting for strong catalysts. On the data front, investors will be digesting the inflation data for March that will be released … Continue reading →

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On Balance: Weekly Notes for April 04, 2022

Posted on April 4, 2022 by research

OUR VIEW This week, inflation is expected to be one of the main themes in the local market. Our March consumer price index data is set to be released with the inflation figure expected to be higher than February’s. This … Continue reading →

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On Balance: Daily Notes for April 01, 2022

Posted on April 1, 2022 by research

OUR VIEW The easing global oil prices is expected to lift the sentiment at home since this may, somehow, lessen worries over the rising inflation. Also, there’s a possibility for a rollback in the following week. However, for today, traders … Continue reading →

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