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Author Archives: research
Accord Capital Daily, September 17, 2013, Tuesday
Market View THE NEWLY RECONSTITUTED PSEI debuted on a high note, opening with a slight breach of the 6150 resistance en route to a break of the 6200-mark past the first half-hour of trades. Early inputs were generally positive with … Continue reading
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PSEi, September 16, 2013
TECHNICAL GUIDE: Based on September 13, 2013 closing levels TECHNICAL GUIDE_SEPTEMBER 16, 2013_MON
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Accord Capital Daily, September 16, 2013, Monday
IT HAD TO HAPPEN, sometime, somehow. With the backdrop little changed, a four-session, 4.3% romp is bound to meet a profit-taking-driven sell-off. In fact, the local market presented a small hint Thursday, dropping 20 points at the close. All that … Continue reading
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Accord Capital Daily, September 13, 2013, Friday
MARKET ACTION WITH US PRESIDENT Barack Obama stepping on the brake pedal to give way to a discussion of a Russian solution to the Syrian crisis, investors gobbled up shares pushing the Dow more than 100-points for the second time … Continue reading
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PSEi, September 12, 2013
TECHNICAL GUIDE: Based on September 11, 2013 closing levels TECHNICAL GUIDE_SEPTEMBER 12, 2013_THU
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Accord Capital Daily, September 12, 2013, Thursday
MARKET ACTION THE BENCHMARK ASIAN INDEX rose for a 10th straight day, the Philippines a fourth as investors latched onto easing fears of war in Syria and positive signals from the China economy. Less than stellar unemployment numbers in the … Continue reading
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PSEi, September 11, 2013
TECHNICAL GUIDE: Based on September 10, 2013 closing levels TECHNICAL GUIDE _SEPTEMBER 11, 2013_WED
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Accord Capital Daily, September 11, 2013, Wednesday
MARKET ACTION ASIAN MARKETS extended gains to nearly two weeks following a welcome cheer provided by a recently “rare” 140-points surge in the Dow overnight. Economic data from China, less than stellar US jobs numbers and muted prospects of a … Continue reading
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Accord Capital Daily Highlight, Tuesday, September 10, 2013
OUTLOOK: Fears appear to have dissipated at this point even as confidence creeps back at a snail’s pace. This is understandable in light of a crucial Federal Reserve meeting in two weeks time. The regulator’s decision on QE3 which hangs … Continue reading
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PSEi, September 9, 2013
TECHNICAL GUIDE: Based on September 6, 2013 closing levels TECHNICAL GUIDE_SEPTEMBER 9, 2013_MON
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