Author Archives: research

About research

Philstocks.ph™ is the online trading division of Accord Capital Equities Corporation (ACEC). In line with its mission to develop the latest innovations and technologies for efficient trade executions of clients, Accord Capital has created the Philstocks.ph™ in 2006 to become an effective online trading platform. In retrospect, not all brokerage houses have an online trading platform. In fact, there are only 10 PSE-recognized online trading facilities to date. This makes Philstocks.ph™ a member of an elite club of online trading participants.

On Balance: Daily Notes for April 07, 2022

Posted on April 7, 2022 by research

OUR VIEW Investors may accumulate on dips, cautiously. The market sentiment is still negative as investors digested the Federal Reserve’s plan to tighten the monetary policy. On the data front, investors will be waiting for the unemployment rate that is … Continue reading →

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On Balance: Daily Notes for April 06, 2022

Posted on April 5, 2022 by research

OUR VIEW Trade cautiously. Chart-wise, we are seeing the market’s trading range from the 200-day exponential moving average (EMA) to the 50-day EMA in the short run. The market’s RSI (14) is also showing a weak momentum, moving below the … Continue reading →

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On Balance: Daily Notes for April 05, 2022

Posted on April 5, 2022 by research

OUR VIEW Trade cautiously. Weak market participation may lead the bourse to sideways movement in the short run while waiting for strong catalysts. On the data front, investors will be digesting the inflation data for March that will be released … Continue reading →

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On Balance: Weekly Notes for April 04, 2022

Posted on April 4, 2022 by research

OUR VIEW This week, inflation is expected to be one of the main themes in the local market. Our March consumer price index data is set to be released with the inflation figure expected to be higher than February’s. This … Continue reading →

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On Balance: Daily Notes for April 01, 2022

Posted on April 1, 2022 by research

OUR VIEW The easing global oil prices is expected to lift the sentiment at home since this may, somehow, lessen worries over the rising inflation. Also, there’s a possibility for a rollback in the following week. However, for today, traders … Continue reading →

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On Balance: Daily Notes for March 31, 2022

Posted on March 31, 2022 by research

OUR VIEW Trade cautiously. The market participation remains weak amid a lack of strong leads. We expect range trading in the short– to medium–term, particularly if the investors continue to wait for a strong catalyst. Overseas, the global oil prices … Continue reading →

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On Balance: Daily Notes for March 30, 2022

Posted on March 30, 2022 by research

OUR VIEW Accumulate strong and defensive stocks in the market while investors await the developments on the Russia-Ukraine talks. The uncertainties in the economy pushed investors to stay on the sidelines shown by the weak market value turnover in the … Continue reading →

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On Balance: Daily Notes for March 29, 2022

Posted on March 29, 2022 by research

OUR VIEW Accumulate on dips. Some investors are still on the sidelines amid lack of strong catalyst in the market. We are still expecting sideways movement in the short run until the sentiment improves, particularly that investors are pricing in … Continue reading →

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CTS Global Equity Group, Inc. [PSE: CTS] IPO Report

Posted on March 28, 2022 by research

OVERVIEW CTS Global Equity Group, Inc. [PSE: CTS] will offer 6,875,000,000 shares to the public at P1.00apiece. Of its estimated net proceeds worth P1,353.3 million: 91.13% will be added to its capital for itsglobal trading operations; 1.48% will go to … Continue reading →

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On Balance: Weekly Notes for March 28, 2022

Posted on March 28, 2022 by research

OUR VIEW Last trading week, the local market managed to close still at its 7,000 – 7,100 support range. Also, the market was able to breach its 200-day exponential moving average. These are seen as positive signs for the local … Continue reading →

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