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 November 18, 2021

Posted on November 17, 2021 by research

OUR VIEW Trade cautiously as sideways movement is expected while investors await the meeting of the Bangko Sentral ng Pilipinas (BSP). Investors may wait for the outlook of the BSP in the economy, particularly on the inflation amid elevated oil … Continue reading →

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On Balance: Daily Notes for November 17, 2021

Posted on November 16, 2021 by research

OUR VIEW Accumulate on support areas. The market is expected to test the 7,300 level, failing to stay above this would return the market’s support to 7,000 to 7,100 area. Given the optimism in the market amid the declining Covid-19 … Continue reading →

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On Balance: Daily Notes for November 16, 2021

Posted on November 15, 2021 by research

OUR VIEW Trade cautiously as investors find strong catalysts to move the market. Since earnings results have already been disclosed, investors are expected to digest it. Also, the market may take cues from the performance of the overseas markets. Yesterday, … Continue reading →

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On Balance: Weekly Notes for November 15, 2021

Posted on November 15, 2021 by research

OUR VIEW FOR THE WEEK With the Q3 GDP data already out, and the Q3 corporate earnings report season about to end, investors are expected to look forward to the developments for the remainder of the last quarter of the … Continue reading →

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On Balance: Daily Notes for November 12, 2021

Posted on November 11, 2021 by research

OUR VIEW Trade cautiously since it may move sideways as an extended market pullback is expected on the last trading day of the week but some bargain hunters may take advantage of the 2-day selling. Meanwhile, Covid-19 cases continue to … Continue reading →

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On Balance: Daily Notes for November 11, 2021

Posted on November 10, 2021 by research

OUR VIEW Profit-taking may continue further with testing of the 7,300 levels. Investors may also take cues from the MSCI rebalancing announcement today that will take effect on December 01, 2021. Given this, we may wait if there will be … Continue reading →

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On Balance: Daily Notes for November 10, 2021

Posted on November 9, 2021 by research

OUR VIEW Trade cautiously after the market gained for six straight days, breaking the 7,300 level. The optimism in the economy drives the market’s rally, particularly with the improving Covid-19 situation. Market participation was also strong with month-to-date’s average of … Continue reading →

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On Balance: Daily Notes for November 09, 2021

Posted on November 8, 2021 by research

OUR VIEW Accumulate on dips. Investors are expected to take cues from the third-quarter GDP growth that will be released today. But some investors may have already been priced in the expectation for the third quarter since the economy is … Continue reading →

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On Balance: Weekly Notes for November 09, 2021

Posted on November 8, 2021 by research

OUR VIEW FOR THE WEEK Last week, the local market managed to close above the 7,300 resistance level. This week, the validity of this breach is expected to be tested. While last week’s rally could invite selling pressures, the market … Continue reading →

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On Balance: Daily Notes for November 05, 2021

Posted on November 4, 2021 by research

OUR VIEW Take some profits on the last trading day of the week after the market rally for three straight days. Market participation in the past three days is also weak with an average net market value turnover of P7 … Continue reading →

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