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: Trading Guide for August 13 to 25, 2019

Posted on August 12, 2019 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: RRHI, MRSGI, and DMW For the full research,  kindly go here: On Balance_Trading … Continue reading →

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On Balance: Daily Notes for August 9, 2019

Posted on August 9, 2019 by research

OUR VIEW Buy cautiously as investors may digest interest rate cut of the BSP preparing to test 8,000 level again, however, disappointing GDP growth could still lead to mixed reactions. GDP growth slows to 5.5% in the second quarter vs … Continue reading →

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On Balance: Daily Notes for August 8, 2019

Posted on August 8, 2019 by research

OUR VIEW Trade-on-news, if the GDP data prints higher than the previous, market’s rally may continue but if it disappoints, it may drag the market. GDP data set to release today. Prev. 5.6%. Philstocks forecasts GDP at 5.8%. BSP will … Continue reading →

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On Balance: Daily Notes for August 7, 2019

Posted on August 7, 2019 by research

OUR VIEW Trade cautiously ahead of GDP data and right after the two day sell-off due to worsening trade war. July inflation rate eased to 2.4% from 2.7% in June. AUB posted net income of P2.6 billion in the first … Continue reading →

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On Balance: Daily Notes for August 6, 2019

Posted on August 6, 2019 by research

OUR VIEW BUY on dips as the market may recover and could be fueled by lower inflation anticipation. However, be cautious at the same time as the trade war lingers. Ayala Land Inc. posted a 12% increase in net income … Continue reading →

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On Balance: Weekly Notes for August 5, 2019

Posted on August 4, 2019 by research

MARKET WRAP PSEi closed lower this week to 8,129.93, -0.66% or -54.06 points down, due to rising trade disputes abroad, in addition to mixed second quarter result this week. Average Value Traded at P6.300 billion, -5% lower w/w. Decliners edged … Continue reading →

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On Balance: Daily Notes for August 2, 2019

Posted on August 2, 2019 by research

OUR VIEW Trade cautiously after the weak rally yesterday as volume was lower than the day before. Reported earnings of the company, so far, may not support the market’s upward movement. Given these, the market may move sideways. 4 out … Continue reading →

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On Balance: Daily Notes for August 1, 2019

Posted on August 1, 2019 by research

OUR VIEW Buy if the Fed cut rates, but stay on the sidelines if it decides to keep interest rates. Mixed 2nd quarter earnings of index members stocks is pointing to a sideways movement. As of July 31, 2019, second … Continue reading →

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On Balance: Daily Notes for July 31, 2019

Posted on July 31, 2019 by research

OUR VIEW Wait-and-see for now after the market declined yesterday below the 20-day MA with higher volume, ahead of the Federal Reserve decision and US-China trade talks. Expect corporate earnings to drive the market. Philippine Infradev Holdings Inc. and the … Continue reading →

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On Balance: Daily Notes for July 30, 2019

Posted on July 29, 2019 by research

OUR VIEW Accumulate as the market seems to hold at this level given the still positive backdrop, though seemingly not as bright as it used to. 20-day MA is still the market’s support.  Meralco declares P5.464 per share interim … Continue reading →

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