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 04, 2020

OUR VIEW Trade cautiously as the market is near the resistance level of around 7,200, coupled with the overvaluation in terms of the P/E ratio. Since today is the last trading day of the week, traders may profit take to … Continue reading

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On Balance: Daily Notes for December 03, 2020

OUR VIEW BUY shares, particularly stocks in the PSEi, as the approval of the United Kingdom of the Pfizer -BioNTech Covid-19 vaccine is expected to spur positive sentiment in the market. Traders may ignore other noises that could affect the … Continue reading

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On Balance: Daily Notes for December 02, 2020

OUR VIEW Trade between the market’s support of 6,600-6,700 and resistance of 7,240. Investors remain to be forward-looking and most are still hoping for the economic recovery along with the Covid19 vaccine development. Economy-wise, the Christmas rush may spur optimism … Continue reading

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On Balance: Trading Guide for December 01 to 11, 2020

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 & SMPH For the full research,  kindly go here: PTG December 1 … Continue reading

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On Balance: Daily Notes for November 27, 2020

OUR VIEW Trade cautiously as the long weekend ahead is expected traders to book more gains that could weigh on the market. Chart-wise, the market may fill the gap as well between 6,700 and 6,800. Current support of the market … Continue reading

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On Balance: Daily Notes for November 26, 2020

OUR VIEW Trade stocks outside the PSEi as correction may continue, we see the index between 6,600 and 7,150 levels. In terms of investor sentiment, we see no changes, investors are still looking forward to economic recovery. The market’s recent … Continue reading

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On Balance: Daily Notes for November 25, 2020

OUR VIEW Trade cautiously after the market fell yesterday and confirmed the shooting star pattern. Immediate and psychological support is at 7,000 level. Next support is at 6,600 if the market falls further. Equity markets overseas cheered by the positive … Continue reading

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On Balance: Daily Notes for November 24, 2020

OUR VIEW Sell shares following a bearish signal from the shooting star candlestick pattern formed yesterday. It may show a reversal signal after the short-term uptrend movement of the index. In addition, there’s a gap around 6,700 levels that may … Continue reading

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On Balance: Weekly Notes for November 23, 2020

OUR VIEW FOR THE WEEK Book profits as we may see a pull back for the local market after 3 straight weeks of rally. The local market has extended its rally by another week driven by COVID-19 vaccine hopes and … Continue reading

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On Balance: Daily Notes for November 20, 2020

OUR VIEW Ride with the bulls after the final data analysis of Pfizer’s Covid-19 vaccine shows 95% effective, spurring positive sentiment in the market. Meanwhile, the performance of the US indices overnight may weigh on sentiment. The session in Wall … Continue reading

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