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 December 17, 2020

Posted on December 16, 2020 by research

OUR VIEW Cautiously trade stocks as the market will try to breach psychological resistance of 7,300 after closing near this level yesterday. The reported progress on Brexit trade deal may lift sentiment, however, overvaluation of the PSEi in terms of … Continue reading →

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On Balance: Daily Notes for December 16, 2020

Posted on December 15, 2020 by research

OUR VIEW Trade stocks outside the PSEi as the concerns over the resurgence of the Covid-19 pandemic have increased despite the vaccine rollout in the US. It is true as well at home, worries are heightening due to the upcoming … Continue reading →

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On Balance: Daily Notes for December 15, 2020

Posted on December 15, 2020 by research

OUR VIEW Trade between 7,300 and 7,000. Better consumer and business outlook may still spillover in the sentiment with the development of Covid-19 vaccine, waiting for the negotiation of the government with different Covid-19 vaccine makers. Overseas, Asian markets traded … Continue reading →

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On Balance: Weekly Notes for December 14, 2020

Posted on December 14, 2020 by research

OUR VIEW FOR THE WEEK Trade cautiously as the local market is seen to test the validity of its current level. The local bourse’s rally last week has brought it above its 7,150 resistance line. At its current level, the … Continue reading →

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On Balance: Daily Notes for December 11, 2020

Posted on December 10, 2020 by research

OUR VIEW Book some profits on the last trading day of the week after yesterday’s gain in order to avoid uncertainties over the weekend, particularly with the negative sentiment from the possible “no-deal” Brexit and stalled stimulus talks in the … Continue reading →

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On Balance: Daily Notes for December 10, 2020

Posted on December 9, 2020 by research

OUR VIEW Trade between the market’s support of 6,600 and resistance of 7,200. Today, the market will test the psychological support of 7,100 and 7,000 levels. On a positive note, the vaccine rollout fueled optimism in overseas markets as it … Continue reading →

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On Balance: Company Report (GLO)

Posted on December 9, 2020 by research

PHILSTOCKS ACTION PLAN We recommend a HOLD on Globe Telecom, Inc. [PSE: GLO] with a target price of P2,132.00 in a period of 9 to 12 months. From its current price of P2,040.00, the share is still seen to provide … Continue reading →

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PSEi stocks Performance

Posted on December 9, 2020 by research

Here is the summarized performance of the PSEi stocks, including their first nine months and third quarter 2020 earnings, net margins, year-to-date performance and their current P/B and P/E ratios. For the full research, kindly go here: PSEi stocks performance December … Continue reading →

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On Balance: Daily Notes for December 09, 2020

Posted on December 8, 2020 by research

OUR VIEW Take some profits as the market closed last trading day near the resistance level. Overseas, equity markets traded in the red amid rising fears that Brexit trade deal will fail to reach. While in the US, investors are … Continue reading →

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On Balance: Weekly Notes for December 07, 2020

Posted on December 7, 2020 by research

OUR VIEW FOR THE WEEK Book gains as the recently released economic data may weigh on this week’s trading. From the July to the October 2020 figures, our number of employed fell 3.6%, our labor force participation rate down from … Continue reading →

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