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: Weekly Notes for March 14, 2022

Posted on March 14, 2022 by research

OUR VIEW This week, the local market may continue to test its 7,000 – 7,100 support range as well as its 200- day exponential moving average (EMA). The Russia – Ukraine war and its impact on the global economy, primarily … Continue reading →

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On Balance: Daily Notes for March 11, 2022

Posted on March 11, 2022 by research

OUR VIEW This Friday, the local market is expected to test the validity of its breach of the 7,000 – 7,100 range and of the 200-day exponential moving average (EMA). Accumulate shares if the market holds its position at the … Continue reading →

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On Balance: Daily Notes for March 10, 2022

Posted on March 10, 2022 by research

OUR VIEW Continue to trade with caution after the market failed to return above the 7,000 psychological level. If the market stays below 7,000, the support is pegged at 6,800 level while the resistance is around 7,000-7,100 area. Given the … Continue reading →

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On Balance: Daily Notes for March 09, 2022

Posted on March 8, 2022 by research

OUR VIEW Trade cautiously as worries over higher inflation than the expectation are rising after the global oil prices are on a strong uptrend movement. Many industries are expected to adversely get affected by the surging oil prices starting with … Continue reading →

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On Balance: Daily Notes for March 08, 2022

Posted on March 8, 2022 by research

OUR VIEW This Tuesday, the local market may attempt to get back above its 7,300 support and its 50- day exponential moving average. Sell positions if the market is unable to do so. If the PSEi cannot get back above … Continue reading →

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On Balance: Weekly Notes for March 07, 2022

Posted on March 8, 2022 by research

OUR VIEW Trade cautiously. This week, the local market may continue to move sideways within its 7,300 support and 7,500 resistance. The sustained improvements over our COVID-19 situation is seen to fuel positive sentiment which can provide the market support. … Continue reading →

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On Balance: Daily Notes for March 04, 2022

Posted on March 4, 2022 by research

OUR VIEW Book some gains to avoid any uncertainties over the weekend, particularly with the ongoing Russia-Ukraine tensions. Any huge developments from the tensions would significantly affect the sentiment either positively or negatively. Back at home, investors will also be … Continue reading →

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On Balance: Daily Notes for March 03, 2022

Posted on March 2, 2022 by research

OUR VIEW Trade cautiously after the oil prices surged with the global benchmarks, Brent, WTI, and even Dubai crude, topping $100 per barrel. According to BSP Governor Benjamin Diokno, as long as the Dubai crude stays around $95 per barrel, … Continue reading →

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On Balance: Daily Notes for March 02, 2022

Posted on March 2, 2022 by research

OUR VIEW Accumulate on dips. Investors are still optimistic given the loosening of restrictions at home, however, the Russia-Ukraine tension abroad affects the sentiment. As of the moment, the visible impact of the conflict is on the oil prices which … Continue reading →

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On Balance: Daily Notes for March 01, 2022

Posted on March 1, 2022 by research

OUR VIEW Trade cautiously after the market returned above the 7,300 support level. One of the reasons for the market’s strength was the easing of the restrictions at home while the Covid-19 daily cases are declining. Starting today, if not … Continue reading →

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