Monthly Archives: May 2022

On Balance: Daily Notes for May 19, 2022

Posted on May 19, 2022 by research

OUR VIEW Sell on rally amid uncertainties in the market. Investors are expected to await the Bangko Sentral ng Pilipinas (BSP) meeting this afternoon. In the meeting, some anticipated that the BSP will raise key rates already given the rising … Continue reading →

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On Balance: Daily Notes for May 18, 2022

Posted on May 18, 2022 by research

OUR VIEW Continue to trade cautiously. Yesterday, the Department of Health (DOH) confirmed the local transmission of Omicron sub-variant BA.2.12.1 in the country. According to the experts, the said variant spreads easily as it is more transmissible than BA.2. If … Continue reading →

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On Balance: Daily Notes for May 17, 2022

Posted on May 17, 2022 by research

OUR VIEW Trade cautiously as the global markets, including the local bourse, struggle to gain bullish momentum amid multiple headwinds. Overseas, China’s economy has been reopening, however, some of its economic data failed to meet expectations following its restrictions. Meanwhile, … Continue reading →

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On Balance: Weekly Notes for May 16, 2022

Posted on May 16, 2022 by research

OUR VIEW With its fall last week, the market has so far been moving in line with the prediction of its Death Cross which appeared last May 6, 2022. With already 5 straight days of decline, we may see bargain … Continue reading →

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On Balance: Daily Notes for May 13, 2022

Posted on May 13, 2022 by research

OUR VIEW Accumulate on dips after the market decline for four straight days amid the possibility of a technical bounce. However, still, be cautious given the uncertainties in the economy. On the data front, despite having a surprising first-quarter GDP … Continue reading →

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On Balance: Daily Notes for May 12, 2022

Posted on May 12, 2022 by research

OUR VIEW Still, continue to trade cautiously. Investors will be digesting the first-quarter economic growth data of the country that will be out today. Philstocks projects real gross domestic product (GDP) to have grown by 6.8% y/y driven by low … Continue reading →

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On Balance: Daily Notes for May 11, 2022

Posted on May 11, 2022 by research

OUR VIEW Trade cautiously while investors are still monitoring the election results at home. Most results have already been posted while for the others, we can already see who is leading the race. Overseas, most markets are in the red … Continue reading →

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On Balance: Weekly Notes for May 10, 2022

Posted on May 10, 2022 by research

OUR VIEW Chartwise, the PSEi’s 50-day exponential moving average (EMA) has already crossed below its 200 -day counterpart forming a Death Cross which signals a possible further decline ahead for the local bourse. Given this, the market is seen to … Continue reading →

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On Balance: Daily Notes for May 06, 2022

Posted on May 6, 2022 by research

OUR VIEW Book some gain on the last trading day of the week ahead of the national election at home. Investors will be waiting for the next leader of the country. Some may bet on the stocks which could benefit … Continue reading →

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On Balance: Daily Notes for May 05, 2022

Posted on May 5, 2022 by research

OUR VIEW Sell on rally while investors await some economic data that will be released this week. At home, we have the inflation rate to wait for. Philstocks projects it to hit 4.5%, faster than March’s 4.00% due to higher … Continue reading →

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