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 04, 2021

Posted on November 3, 2021 by research

OUR VIEW Trade cautiously after the weak rally yesterday while investors await the third-quarter earnings result. The current trading range of the market remains from 7,000-7,100 support levels to 7,300 resistance. This is expected to be maintained while investors wait … Continue reading →

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On Balance: Daily Notes for November 03, 2021

Posted on November 2, 2021 by research

OUR VIEW Accumulating around the support area, 7,000 to 7,100 levels is recommended. The pullback of the market to support levels is an opportunity to accumulate assuming that it will stay above this. On a positive note, the proposal to … Continue reading →

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On Balance: Weekly Notes for November 02, 2021

Posted on November 2, 2021 by research

OUR VIEW FOR THE WEEK Last week, the local market was brought down to its 7,000 – 7,100 support range. This week, the said range could be tested further. The failed hopes of downgrading the National Capital Region’s alert level … Continue reading →

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On Balance: Daily Notes for October 29, 2021

Posted on October 28, 2021 by research

OUR VIEW Accumulate cautiously on the 7,100-7,1500 support areas. However, traders may extend profit -taking on the last trading day of the week ahead of the long weekend. Although we are seeing an improvement in our Covid-19 situation, other countries … Continue reading →

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On Balance: Daily Notes for October 28, 2021

Posted on October 27, 2021 by research

OUR VIEW Trade cautiously. Investors are expected to maintain a careful stance while waiting for catalysts in the market. In particular, investors are seen to be waiting for the government’s decision on the social restriction measures of the country after … Continue reading →

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On Balance: Daily Notes for October 27, 2021

Posted on October 26, 2021 by research

OUR VIEW Trade cautiously as the market awaits for the catalyst to break the current resistance level of 7,300. We’ve seen buyers coming back yesterday, taking advantage of the two-day market decline. However, market turnover was weakening, recorded at P6.37 … Continue reading →

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On Balance: Daily Notes for October 26, 2021

Posted on October 25, 2021 by research

OUR VIEW Accumulate at 7,000 to 7,100 support levels. Despite the recent break of the market’s rally, we are still bullish as selling pressure was not as strong as with the past few days given the weak market participation. Net … Continue reading →

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On Balance: Weekly Notes for October 25, 2021

Posted on October 25, 2021 by research

OUR VIEW FOR THE WEEK Trade cautiously. While the local market had a good run last week, it was still unable to hold its position at the 7,300 level which is serving as its immediate resistance. This week, the market … Continue reading →

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On Balance: Daily Notes for October 22, 2021

Posted on October 21, 2021 by research

OUR VIEW Take some profits on the last trading day of the week as the market climbed by 3.43% already in the past six trading days. In Asia, investors are monitoring the developments on China Evergrande Group, bringing most indices … Continue reading →

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On Balance: Daily Notes for October 21, 2021

Posted on October 20, 2021 by research

OUR VIEW Book some gains after the five consecutive gains of the PSEi that may invite selling pressure in the market. Also, market participation is weakening since the net market value turnover for the past two days was lower than … Continue reading →

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