Monthly Archives: July 2022

On Balance: Daily Notes for July 29, 2022

Posted on July 28, 2022 by research

OUR VIEW Sell Positions. The market may start to decline after a 3-day rally as some investors may start to book some gains. Trading is also to slow down as the “ghost month” has started. Historically, trading activities decline during … Continue reading →

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On Balance: Daily Notes for July 28, 2022

Posted on July 28, 2022 by research

OUR VIEW Trade cautiously. The local market may be expected to move in a tight range as it is still consolidating between the 6,100 to 6,300 range. Sustained bargain hunting may continue to push the market upward. However, Market participation … Continue reading →

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On Balance: Daily Notes for July 27, 2022

Posted on July 26, 2022 by research

OUR VIEW Trade Cautiously. The local market may still move sideways as investors are still waiting for fresh catalysts to move the market. Given the weak market participation, the market may still be consolidating in the 6,100 to 6,300 range. … Continue reading →

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On Balance: Daily Notes for July 26, 2022

Posted on July 25, 2022 by research

OUR VIEW Hunt for bargains. The market’s decline last Monday may present bargain hunting opportunities as it closed near the support area of the main index. The local market is expected to move sideways but be wary as investors brace … Continue reading →

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On Balance: Weekly Notes for July 25, 2022

Posted on July 25, 2022 by research

OUR VIEW Trade cautiously. The market may start this week on a cautious tone as investors await President Ferdinand Marcos Jr.’s first State of the Nation Address for clues on the local economy’s direction. We may see optimism if investors … Continue reading →

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On Balance: Daily Notes for July 22, 2022

Posted on July 22, 2022 by research

OUR VIEW Trade cautiously. The market is still expected to move sideways as a lack of positive catalysts could not determine the market’s direction. The market has declined for two days which can present bargain hunting opportunities. Trading activities are … Continue reading →

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On Balance: Daily Notes for July 21, 2022

Posted on July 21, 2022 by research

OUR VIEW Continue to trade cautiously. The local market may continue to move sideways as this has been the trend so far for this trading week. Investors are still waiting for a positive catalyst that could make the market react … Continue reading →

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On Balance: Daily Notes for July 20, 2022

Posted on July 20, 2022 by research

OUR VIEW Trade cautiously. The market’s direction is still sideways as there is no positive catalyst yet that can boost the market upward. While bargain hunting opportunities can be seen, cautiously trade as the overall sentiment might be negative due … Continue reading →

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On Balance: Daily Notes for July 19, 2022

Posted on July 19, 2022 by research

OUR VIEW Trade cautiously. This Tuesday, investors are cautious as the movement of the peso continues to decline despite the Bangko Sentral ng Pilipinas’ aggressive rate hike last week. The Bangko Sentral ng Pilipinas also said that they are open … Continue reading →

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On Balance: Weekly Notes for July 18, 2022

Posted on July 18, 2022 by research

OUR VIEW While we see bargain hunting opportunities, this week, investors are still expected to maintain a cautious stance amid lingering economic concerns. Worries over a possibly aggressive policy response by the Federal Reserve in their July meeting, following the … Continue reading →

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