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 September 5, 2019

OUR VIEW Accumulate on dips as the index builds support around 7,800 level. Additionally, slower inflation may spur optimism in the market. BSP sees 1.3% – 2.1% inflation in August due to lower fuel, rice and power prices. Philstocks estimates … Continue reading

Comments Off

On Balance: Daily Notes for September 4, 2019

OUR VIEW Trade cautiously on the back of disappointing Asian peers’ PMI manufacturing ahead PH inflation data. PH PMI declined to 51.9 from 52.1 in July but remain to hold above 50 and one of the highest readings recorded this … Continue reading

Comments Off

On Balance: Daily Notes for September 3, 2019

OUR VIEW Trade within 7,850 to 8,000 as the market digests additional tariffs imposed by US & China and PMI data of countries which point to a sideways movement. Philippines’ Markit manufacturing PMI in August was at 51.9, lower than … Continue reading

Comments Off

On Balance: Weekly Notes for September 2, 2019

MARKET WRAP PSEi ended this week in the green, gaining 1.14% or 90.25 points to 7,979.66 due to positive sentiments on US-China trade talks. Average Value Traded was 31% higher to P10.001 billion w/w. Advancers outnumbered decliners at 131 to … Continue reading

Comments Off

Philstocks Guro Episode 20 (Megaworld and Property Index)

PHILSTOCKS GURO We are proud to introduce the first episode of Philstocks Guro – a weekly educational video that will discuss different Stock Investing topics with the purpose of providing learning that may lead to earnings. Today’s lesson: Megaworld and … Continue reading

Comments Off

On Balance: Daily Notes for August 30, 2019

OUR VIEW Buy-on-weakness since we anticipate investors to return in the market as the ghost month ends yesterday, amid China’s calmed tone in trade disputes. Our data shows that most of the time, the index climbed after the ghost month. … Continue reading

Comments Off

On Balance: Daily Notes for August 29, 2019

OUR VIEW Trade cautiously after the market gained yesterday on lower volume while investors monitor US treasury yields BSP asked the Anti-Money Laundering council (AMLC) to study the impact of Philippine offdhore gaming operators (POGOs) on the country’s economy. BSP … Continue reading

Comments Off

On Balance: Daily Notes for August 28, 2019

OUR VIEW ACCUMULATE as investors continue to watch US-China trade developments pointing to a possible rebound of the index. Trump: Beijing wants to make a deal very badly. I’m not sure they have a choice but to deal with the … Continue reading

Comments Off

On Balance: Weekly Notes for August 27, 2019

MARKET WRAP The local bourse ended slightly higher to 7,889.41, 1.20% or 93.43 points up mainly due to bargain hunting, as investors awaited Powell’s speech. Average Value Traded was -14% lower to P7.630 billion w/w. Losers edged winners again for … Continue reading

Comments Off

On Balance: Trading Guide for August 27 to September 8, 2019

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: CEB, VLL, and SSI For the full research,  kindly go here: On Balance_Trading … Continue reading

Comments Off