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 November 04, 2020

Posted on November 4, 2020 by research

OUR VIEW Accumulate shares as optimism remains with the US markets surging overnight as traders await the US election results. At home, investors are still focusing on the third quarter corporate earnings result. However, the fall of the PHL manufacturing … Continue reading →

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On Balance: Trading Guide for November 03 to November 13, 2020

Posted on November 3, 2020 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: CHP, WLCON, NIKL For the full research,  kindly go here: PTG – November … Continue reading →

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On Balance: Company Report (FRUIT)

Posted on October 30, 2020 by research

PHILSTOCKS ACTION PLAN Philstocks is initiating a company report for FRUIT with a BUY rating and a Php 1.49 price target. BUY shares of Fruitas given our expectation that it will recover next year in line with its strategies to … Continue reading →

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On Balance: Daily Notes for October 30, 2020

Posted on October 29, 2020 by research

OUR VIEW Trade cautiously after the huge losses in the market yesterday. Negative sentiment is expected to spill over once again amid the imposition of new lockdown measures, particularly in Europe following the resurgence of Covid-19 cases. We see the … Continue reading →

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On Balance: Daily Notes for October 29, 2020

Posted on October 29, 2020 by research

OUR VIEW Sell some shares after the US markets plunged overnight that could weigh on the market sentiment for today’s trading. DJIA plummeted more than 900 points, its worst drop since June, and posting its fourth consecutive negative session. This … Continue reading →

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On Balance: Daily Notes for October 28, 2020

Posted on October 27, 2020 by research

OUR VIEW Wait for the market to establish strong support. We are expecting the market to pullback further amid the steep rally in the past few days. On a positive note, the comeback of foreigners could sustain the upward momentum … Continue reading →

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On Balance: Daily Notes for October 27, 2020

Posted on October 26, 2020 by research

OUR VIEW The local bourse has gotten further into the overbought territory after extending its rally to a 6th straight day. Thus we may already see a pull back driven by profit taking. The downward bias is strengthened by the … Continue reading →

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On Balance: Weekly Notes for October 26, 2020

Posted on October 26, 2020 by research

OUR VIEW FOR THE WEEK Accumulate on dips as the local market may take a breather from last week’s sharp rally. The local market staged a strong rally which brought it up by 9.93% w/w. With the quick surge however, … Continue reading →

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On Balance: Daily Notes for October 23, 2020

Posted on October 22, 2020 by research

OUR VIEW Secure some gains after the market rallies for four consecutive days, and as it nears the 6,400 resistance levels. Friday is also the last trading day of the week, some traders are expected to take some profits to … Continue reading →

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On Balance: Daily Notes for October 22, 2020

Posted on October 21, 2020 by research

OUR VIEW Wait for the market to establish new support after breaking resistance levels. Investors are looking into the recovery of the economy, as we are already in the last quarter of the year. We can see the gradual reopening … Continue reading →

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