Monthly Archives: August 2022

GO TO THE NEW PHILSTOCKS RESEARCH PORTAL

Posted on August 8, 2022 by research

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On Balance: Daily Notes for August 05, 2022

Posted on August 5, 2022 by research

OUR VIEW Trade cautiously. Long term investors may accumulate shares if the market holds its position at the 6,400 level. The local bourse has already been rallying for three straight days, buoyed by the robust Q2 corporate earnings and foreign … Continue reading →

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On Balance: Daily Notes for August 04, 2022

Posted on August 3, 2022 by research

OUR VIEW Trade Cautiously. As the main index breaks out from the 6,400 levels, it could be sustained as the net value turnover for the past few days continues to rise. However, the market may take cues from Wall Street … Continue reading →

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On Balance: Daily Notes for August 03, 2022

Posted on August 3, 2022 by research

OUR VIEW Trade cautiously as the local market’s sideways movement could continue this Wednesday. The expectation of an overall good Q2/1H corporate results based on what has been released so far may spur positive sentiment in the market. Investors are … Continue reading →

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On Balance: Daily Notes for August 02, 2022

Posted on August 1, 2022 by research

OUR VIEW Trade cautiously. This Tuesday, the local bourse could move sideways with a downward bias as investors digest the Philippines’ latest manufacturing data while waiting for further cues. The slowdown in the Philippines’ manufacturing expansion with the S&P Global … Continue reading →

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On Balance: Weekly Notes for August 01, 2022

Posted on August 1, 2022 by research

OUR VIEW With last week’s rebound, the local market is nearing its resistance level which is at 6,400. While room for bargain hunting can still be seen as a lot of stocks are still at attractive levels, lingering economic concerns … Continue reading →

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