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 April 13, 2021

Posted on April 12, 2021 by research

OUR VIEW Position in the fundamentally strong stocks despite the uncertainties lingering in the market. Investors are expected to monitor the Covid-19 daily cases but we do not see a reversion to the strictest lockdown measures. They will also wait … Continue reading →

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On Balance: Daily Notes for April 12, 2021

Posted on April 12, 2021 by research

OUR VIEW Trade cautiously this week as the local bourse could move sideways with a downward bias amid lingering concerns caused by our COVID-19 situation. Last week, our daily additional Coronavirus cases remained elevated, averaging 9,898 per day. The continuous … Continue reading →

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On Balance: Daily Notes for April 08, 2021

Posted on April 7, 2021 by research

OUR VIEW Sell shares for now following the three consecutive gains of the market. We also expect traders to profit take today due to the long weekend ahead. On a positive note, more fiscal stimulus and the upward revision of … Continue reading →

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On Balance: Daily Notes for April 07, 2021

Posted on April 6, 2021 by research

OUR VIEW Secure some gains. After the market’s rally yesterday, some traders may book some profits since we see no conviction on yesterday’s performance as the net value turnover posted lower than the year-to-date average. Also, immediate resistance is peg … Continue reading →

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On Balance: Daily Notes for April 06, 2021

Posted on April 6, 2021 by research

OUR VIEW Trade within the short-term range of the market from 6,380 to 6,600. The continued expansion of the Philippine manufacturing PMI which pegged at 52.2 may provide positive sentiment, however, this is lower than February’s 52.5. Technical-wise, watch out … Continue reading →

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Manila Electric Company [PSE: MER] Company Report

Posted on April 5, 2021 by research

ACTION PLAN We recommend a BUY on Manila Electric Company [PSE: MER] with a target price of P310.60 and a holding period of 9 to 12 months. From its March 31, 2021 closing price of P272.00, the share is seen … Continue reading →

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On Balance: Trading Guide for April 05 to 16, 2021

Posted on April 5, 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: TECH & HOME For the full research,  kindly go here: Philstocks Trading Guide … Continue reading →

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On Balance: Daily Notes for March 31, 2021

Posted on March 30, 2021 by research

OUR VIEW Book more shares as more traders are expected to be liquid ahead of the long weekend, especially in the middle of strict lockdown measures imposed in the greater manila. We are anticipating weak market participation. The additional restrictions … Continue reading →

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On Balance: Daily Notes for March 30, 2021

Posted on March 29, 2021 by research

OUR VIEW Trade within the market’s range from 6,350 to 6,800 but watch out as immediate resistance of 200-day EMA is near and the 50-day EMA is about to cross below it. Also, we still see no conviction on yesterday’s … Continue reading →

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On Balance: Weekly Notes for March 29, 2021

Posted on March 29, 2021 by research

OUR VIEW FOR THE WEEK Sell shares as the local market is expected to decline next week as pandemic worries are seen to dampen sentiment. Last week, our daily new cases averaged 8,074 including a record high of 9,838. This … Continue reading →

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