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 4, 2019

Posted on July 4, 2019 by research

OUR VIEW Accumulate shares as the anticipation of slower inflation data may attempt the index to jump again at 8,100 level. Index ends the first half third best in ASEAN. U.S imposed tariffs to more than 400% on Vietnam Steel. … Continue reading →

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On Balance: Daily Notes for July 3, 2019

Posted on July 3, 2019 by research

OUR VIEW We can still buy as we expect that the rally will continue due to positive sentiments locally and abroad. The BSP estimates PH GDP growth at about 6% in the second quarter. HIS markit Philippines Manufacturing PMI expanded … Continue reading →

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On Balance: Daily Notes for July 2, 2019

Posted on July 1, 2019 by research

OUR VIEW BUYING stance as June Inflation and Q2 Corporate earnings are underway paving upside risk for local equities. Q2 Corporate earnings with an upward bias amid election spending and expected bigger margins caused by slowing inflation Consumer retail and … Continue reading →

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On Balance: Trading Guide for July 1 to 14, 2019

Posted on July 1, 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: GERI, PGOLD, and MBT For the full research,  kindly go here: On Balance_Trading … Continue reading →

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On Balance: Weekly Notes for July 1, 2019

Posted on June 30, 2019 by research

Our View Positive developments on US-China trade and lower inflation expectations should boost the market entering the second half of the trading year. June saw the PSEI climb about 30 points (0.4%), marginally improving on the 0.2% gain of the … Continue reading →

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Philstocks Guro Episode 12 (Price to book)

Posted on June 29, 2019 by research

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: Price to … Continue reading →

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On Balance: Daily Notes for June 28, 2019

Posted on June 27, 2019 by research

OUR VIEW Stay on the sidelines for now since US-China trade deal is still uncertain.  S&P Global Ratings slashed PH growth forecast to 6.1%.  Mnuchin: We were about 90% of the way there [with a deal] and I … Continue reading →

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On Balance: Daily Notes for June 27, 2019

Posted on June 26, 2019 by research

OUR VIEW Trade cautiously as the market may extend losses, digesting tempered expectations for a rate cut. ➢ Fed is still assessing whether current economic uncertainties call for lower rates. The statement led most stocks to decline. ➢ US aims … Continue reading →

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On Balance: Daily Notes for June 26, 2019

Posted on June 25, 2019 by research

OUR VIEW Profit taking would likely to continue ahead of the G20 summit, joining most overseas equity markets. Government recorded a budget surplus of P2.6 billion in May. Trump signs an EO imposing “hard-hitting” new sanctions on Iran. Second quarter … Continue reading →

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On Balance: Daily Notes for June 25, 2019

Posted on June 24, 2019 by research

OUR VIEW Unload some shares as we expect profit taking to take hold amid tensions between the US and Iran. Possibly providing a counterforce are economic data slated for release.  Q2 Consumer confidence will be released at 12:00 PM, … Continue reading →

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