Hey here's a brand-new market update from PinoyInvestor’s partner company AP Securities which they are giving for free!
Market Outlook by AP Securities
The biggest risk on the world economy right now is the virus outbreak in China. While the mortality rate is lower compared to SARS, global supply chain disruption will continue as some manufacturing plants further delay re-opening factories to contain the virus. With China accounting for 16% of world GDP, we expect more volatility ahead, and we think clients are better-off keeping excess cash in case the water gets rough. Chart-wise the strong resistance of the index is at 7,635 level.
Looking for Premium-exclusive reports to guide your trading? Check out these fresh PSE analyses and recommendations which you can find only in PinoyInvestor:
Technicals Talk (Technical Analysis)
- COSCO (by Regina Capital Development Corp.)
- EAGLE (Regina Capital Development Corp.)
- EURO (by Unicapital Securities)
- MWC (by Unicapital Securities)
Stock Picks and Special Reports
- Model Portfolios: Unloved, Value Play, Yield Seeker, Riding the Momentum
- Stock Picks for the week (by First Metro Securities)
- Which PSE Stocks are Directly Affected by nCov Outbreak?
- Catching the Bottom in the PSE?
Stocks in Focus (Fundamental Analysis)
- DMW (by AB Capital Securities)
- FB (by RCBC Securities)
- PCOR (by Unicapital Securities)
- RLC (by Regina Capital Development Corp.)