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: Trading Guide for July 12 to 23, 2021

Posted on July 12, 2021 by research

Philstocks Trading Guide We are glad to share this Philstocks Trading Guide to help you widen your trading opportunities and become a more effective stock market trader. Stocks on focus: PCOR & HLCM For the full research,  kindly go here: Philstocks Trading Guide … Continue reading →

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On Balance: Daily Notes for July 09, 2021

Posted on July 8, 2021 by research

OUR VIEW Accumulate on dips, better to wait on the 6,900 immediate support of the market. Having no fresh leads along with weak investors’ participation may put the market in consolidation. Traders may also take profits on the last trading … Continue reading →

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On Balance: Daily Notes for July 08, 2021

Posted on July 7, 2021 by research

OUR VIEW Trade within the market’s short term range of 6,900 to 7,100 as we expect sideways movement amid lack of catalyst. Market participation is still weak with a value turnover of lower than P5 Bn daily. Investors may also … Continue reading →

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On Balance: Daily Notes for July 07, 2021

Posted on July 6, 2021 by research

OUR VIEW Book more gains as the market may decline further after it fails to stay above the 7,000 level. Some investors are seen on the sidelines given the weak value turnover as they wait for fresh leads. Overseas, worries … Continue reading →

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On Balance: Daily Notes for July 06, 2021

Posted on July 5, 2021 by research

OUR VIEW Wait for the market to build a strong support area. PSEi will test the 7,000.00 level as a support level after climbing further yesterday. However, the weak market participation with a net value turnover of only around P4 … Continue reading →

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On Balance: Weekly Notes for July 05, 2021

Posted on July 5, 2021 by research

OUR VIEW FOR THE WEEK Trade cautiously this week. The improving COVID-19 situation in the Philippines with the country already being classified as a low risk area by the Department of Health may help in sustaining positive sentiment. At the … Continue reading →

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On Balance: Daily Notes for July 02, 2021

Posted on July 1, 2021 by research

OUR VIEW Book some gains as another possible shooting star candle was formed yesterday, we expect a confirmation red candle for this day. The market is also near the 7,000 psychological resistance level so more selling pressures are anticipated, particularly … Continue reading →

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Metropolitan Bank & Trust Company [PSE: MBT] Company Report

Posted on July 1, 2021 by research

ACTION PLAN We recommend a BUY on Metropolitan Bank & Trust Company [PSE: MBT] with a target price of P57.98 and a holding period of 9 to 12 months. From its closing price of 49.00 as of June 29, 2021, … Continue reading →

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On Balance: Daily Notes for July 01, 2021

Posted on June 30, 2021 by research

OUR VIEW Trade within the current range. The local bourse will test the 6,900 support area but given the lack of positive catalyst, it may fail to stay above that level. Investors will be monitoring the Covid-19 daily cases as … Continue reading →

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On Balance: Daily Notes for June 30, 2021

Posted on June 29, 2021 by research

OUR VIEW Trade cautiously as the PSEi nears the 7,000 resistance line. There’s still no signal if the market can break that level amid the weakening market participation with a net value turnover of around P5 Bn recently, weaker than … Continue reading →

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