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.

Market Report: January 16, 2012

January 16, 2012, Monday, WK03 TD011 2012 OUTLOOK: EUROPE began to rear its ugly head Friday, snapping extended rallies in global equity markets including ours. It’s all a matter of perspective. Europe’s problems have been on top of investors’ list … Continue reading

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Market Daily: January 16, 2012

Market Summary and Outlook: Speculation over lower interest rates pushed share prices higher for the second straight week this year as investors loaded up on property and real-estate-related conglomerate stocks. The benchmark PSEi index rose 130.47 points, or 2.91% higher … Continue reading

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International Container & Terminal Services, Inc. (ICT)

Enrique Razon-led International Container & Terminal Services (ICT) has surged alongside the recent bullish ascent of the PSE index, and with good measure. For starters, in the start of the year and of the month, ICTSI disclosed that it will … Continue reading

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Market Report: January 13, 2012

January 13, Friday WK02, TD010_2012 OUTLOOK: US stocks are expected to remain flat (based on early futures indication) as investors seek a balance between the domestic economy’s improving health and the still shaky European situation. For much of the first … Continue reading

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Market Daily: January 13, 2012

Market Summary and Outlook: The 2012 new year rally continued to advance Thursday as the market closed slightly higher despite some expected profit-taking. The PSEi main index ended the day 2.25 points higher, or 0.05% up from the previous day, … Continue reading

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Market Report: January 12, 2012

January 12, 2012, Thursday WK02, TD009 2012 OUTLOOK: We are in a situation where positive news will have more impact on prices than negative news, except of course a default by Greece and a contagion in Europe. In a way, … Continue reading

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Market Daily: January 12, 2012

Market Summary and Outlook: The local stock market rallied to a fresh record high on Wednesday as investors bought up blue-chip shares in anticipation of faster economic growth and firmer corporate earnings. The benchmark PSEi index, surged 84.78 points, or … Continue reading

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Market Report: January 11, 2012

OUTLOOK: A NEW HIGH this early in the year, where the factors coming into play are no more than optimism on better economic numbers one one hand and the lack of better alternatives on the other, raises the scepter of … Continue reading

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Chart of the Day: Cyber Bay Corporation (CYBR)

CYBR: Interim resistance at the php0.90-php0.92 range Initial price target @ php1.00 – php1.04 (increments of php0.10 thereafter) Strong momentum, BUT, RSI(14) near overbought territory (>70) Stochastic already in overbought area, with STO reversing and posing a possible bearish cross … Continue reading

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Market Daily: January 11, 2012

Market Summary and Outlook: Expectations of increased economic activities as a result of lower interest rates pushed the local stock market higher on Tuesday, briefly breaching a record high level. The PSEi main index rose by 19.48 points, or 0.43% … Continue reading

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