Market Outlook


29

Jan 2020

Market Outlook: Regina Capital Development Corp. (29 Jan 2020)

As previously mentioned by RCDC, the appearance of another doji pattern at the 7,621-level is the reversal sign that indicates an upcoming selldown - which materialized effectively yesterday.


28

Jan 2020

Market Outlook: 2TradeAsia (28 Jan 2020)

Caution might rule Tuesday, following Wall Street’s sharp overnight retreat (DJIA -453, Nasdaq Comp -175 points) as sentiment is glued on the coronavirus outbreak.


27

Jan 2020

Market Outlook: 2TradeAsia (27 Jan 2020)

Subdued trades are seen with the Chinese Lunar Year break, as participants search for catalysts that could put the market out of its dull tone.


24

Jan 2020

Market Outlook: 2TradeAsia (24 Jan 2020)

Players will heed for continuity of yesterday’s rally, given mixed indicators overseas & latest 2019 GDP data.


23

Jan 2020

Market Outlook: 2TradeAsia (23 Jan 2020)

Similar movements might prevail for local equities, as participants weigh supply pressure in light of the latest headline on coronavirus’ global outbreak.


22

Jan 2020

Market Outlook: 2TradeAsia (22 Jan 2020)

Sessions may continue to weaken, as market players grapple with uncertainties on the possible outbreak of coronavirus, on top of the latest on ‘onerous provision’ claimed by DoF in Chevron’s leased terminal site in Batangas.


17

Jan 2020

Market Outlook: 2TradeAsia (17 Jan 2020)

Investors may continue to adopt a wait-and-see mode how local equities would break from its present monotone, given the bourse’s unresponsive mode to encouraging overseas news.



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