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 July 28, 2020

Posted on July 27, 2020 by research

OUR VIEW Trade cautiously amid mixed statement of the Philippine President. Telco sector may decline due to negative sentiment after the President threatened closure or government takeover of ‘lousy’ telecom firms. Meanwhile, Covid-19 cases at home continue to mount, reaching … Continue reading →

Comments Off

On Balance: Trading Guide for July 27 to August 7, 2020

Posted on July 26, 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: NIKL, LTG, and VLL For the full research,  kindly go here: On Balance_Trading Guide … Continue reading →

Comments Off

On Balance: Daily Notes for July 24, 2020

Posted on July 24, 2020 by research

OUR VIEW Trade cautiously amid the possibility to breach the psychological support of 6,000 level amid slanting trend resistance, while forming descending triangle pattern. Weak trading remains as investors monitor Covid-19 cases ahead of the State of the Nation Address … Continue reading →

Comments Off

On Balance: Daily Notes for July 23, 2020

Posted on July 22, 2020 by research

OUR VIEW Range trade between 6,000 and 6,200. Investors’ participation remained weak as they wait for the next quarantine guidelines which could be stricter as Covid-19 cases continue to rise. There also seems no appetite for the blue chips stocks … Continue reading →

Comments Off

On Balance: Daily Notes for July 22, 2020

Posted on July 22, 2020 by research

OUR VIEW Hunt for bargains amid positive sentiment abroad brought by the vaccine hopes. But still, be cautious as most investors remained on the sidelines given the uncertainty on the next quarantine measures while Covid-19 cases in Metro Manila increasing. … Continue reading →

Comments Off

On Balance: Daily Notes for July 21, 2020

Posted on July 20, 2020 by research

OUR VIEW Book some gains as yesterday’s weak rally may not be sustainable given the low investors’ participation. Covid-19 cases in Metro Manila is also mounting. Department of Health reported 1000+ cases for five straight days in NCR, which could … Continue reading →

Comments Off

On Balance: Company Reports (TEL & PGOLD)

Posted on July 20, 2020 by research

COMPANY REPORTS PHILSTOCKS ACTION PLAN We recommend buying PLDT, Inc. [PSE: TEL], best at or near its support level of 1,300.00. The share’s price based on intrinsic value estimates, is expected to reach P1,553.50 within a time frame of 9 … Continue reading →

Comments Off

On Balance: Weekly Notes for July 20, 2020

Posted on July 20, 2020 by research

OUR VIEW FOR THE WEEK Trade cautiously as the local bourse is seen to retest the 6,100 level and the 50-day EMA this week. The local market has shown further signs of faltering as it closed last week below two … Continue reading →

Comments Off

On Balance: Daily Notes for July 17, 2020

Posted on July 16, 2020 by research

OUR VIEW Trade cautiously after we see a rebound at psychological support of 6,000 level. Yesterday’s bounce, however, recorded lower value flows than value turnover on Wednesday’s decline, implying that sellers are more aggressive than buyers. Remittance in April contracted … Continue reading →

Comments Off

On Balance: Daily Notes for July 16, 2020

Posted on July 16, 2020 by research

OUR VIEW Cautiously hunt for bargain after the government still placed Metro Manila under General Community Quarantine, But negative sentiment will remain as the palace warned of stricter rules after two weeks if the spread of Covid-19 would not be … Continue reading →

Comments Off