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 October 07, 2021

OUR VIEW The trading range remains from 6,800 to 7,000-7,100 levels. The increasing oil prices may negatively affect the sentiment as this may weigh on the inflation rate which will adversely affect consumer spending. Consumer spending will be crucial for … Continue reading

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On Balance: Daily Notes for October 06, 2021

OUR VIEW Trade cautiously. The market still struggles to breach the 7,000 level amid no fresh leads. We are expecting a sideways movement given the lack of strong catalysts in the market. On the other hand, positive sentiment may come … Continue reading

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On Balance: Daily Notes for October 05, 2021

OUR VIEW Trade cautiously as the market may trade based on the inflation rate for September that will be released today. Although it is anticipated already that the inflation rate this September will shoot up to above 5%, if it … Continue reading

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On Balance: Weekly Notes for October 04, 2021

OUR VIEW FOR THE WEEK This week, the local market’s movement could depend on our COVID-19 situation, September inflation data, as well as on the movement of global oil prices and the local currency. On a positive note, our COVID-19 … Continue reading

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On Balance: Daily Notes for October 01, 2021

OUR VIEW Trade within the market’s range, 6,800 to 7,100. Today’s trading will hinge on the decision of the government for the quarantine measures this October. An easing of restriction is positive for the market, however, if the government extends … Continue reading

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On Balance: Daily Notes for September 30, 2021

OUR VIEW Trade cautiously. Yesterday’s trading showed the strength of the buyers as it forced to close the market higher on last-minute bargain hunting. Further upside is possible due to the month-end window dressing. Aside from that, investors will be … Continue reading

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On Balance: Daily Notes for September 29, 2021

OUR VIEW Hunt for bargains especially around the 6,800 immediate support of the market after the strong pullback yesterday. The recent stock leaders took a hit from the profit-taking, mainly coming from the foreigners which recorded a net selling. On … Continue reading

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On Balance: Daily Notes for September 28, 2021

OUR VIEW Trade within 6,800 to 7,100 levels. So far, we are seeing positive sentiment in the market. First, we only expect two possible decisions of the government for the next quarantine measure, which is either they will ease the … Continue reading

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Philstocks 2021 Updates, Analysis, and Year-end Projections

We are pleased to share with you our 2021 Updates, Analysis, and Year-end projections for the Economy and the Philippine Stock Market entitled “Persisting Hope in Persisting Challenges”. Revisit what happened to our economy and our local market so far … Continue reading

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On Balance: Weekly Notes for September 27, 2021

OUR VIEW FOR THE WEEK Trade cautiously. This week, the local market may still take cues from our COVID-19 situation. Last week, our case counts averaged 17,591 per day, lower compared to the preceding week’s 20,280. If the decline continues, … Continue reading

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