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 May 9, 2019

Posted on May 8, 2019 by research

Our View 1Q 2019 GDP will be up with a sustained growth pointing to a buy and a lower one pointing otherwise. Remain cautious as risks stemming from the escalating US – China trade war could still pull the market … Continue reading →

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On Balance: Daily Notes for May 8, 2019

Posted on May 7, 2019 by research

Our View The market could go sideways on  as investors already gained in today’s session after inflation data slows to 3.0%. Investors could possibly wait for the GDP data and for the decision of BSP on policy rates on Thursday. … Continue reading →

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On Balance: Daily Notes for May 7, 2019

Posted on May 6, 2019 by research

Our View Inflation figures are coming up with a lower print pointing to a buy and a higher one pointing to the opposite. Caution however as offshore trade tensions linger. Inflation figure to be released. BSP pencils it within 2.7% … Continue reading →

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On Balance: Trading Guide for May 6 to 17, 2019

Posted on May 6, 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. For the full research,  kindly go here: On Balance Trading Guide for May 6 to 17, … Continue reading →

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On Balance: Weekly Notes for May 6 to 10, 2019

Posted on May 6, 2019 by research

Our View Anticipated rate cuts signal a strong buy on property and consumer retail issues given their advantages amid a loose monetary environment. Avoid banks as lower borrowing costs may reduce net interest margins. Property stocks (DMW, HOUSE, MEG, SMPH … Continue reading →

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On Balance: Daily Notes for May 3, 2019

Posted on May 3, 2019 by research

Our View A testing of the 8,000 level following the country’s credit rating upgrade signals long positions on index shares and second liners. Success to hold ground could lead to 8,200. Caution is advised amid market risks and a bearish … Continue reading →

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On Balance: Daily Notes for May 2, 2019

Posted on May 1, 2019 by research

Our View We advise to accumulate on Property and Services (consumer retail) and neutral on Financials. Economic data heavyweights will be releasing next week with an upward bias. Technicals, still on the accumulation and consolidation movement. PSEi may move sideways … Continue reading →

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On Balance: Weekly Notes for April 29 to May 3, 2019

Posted on April 28, 2019 by research

Our View Positive developments offshore and anticipation of upcoming domestic data signals cautious buying of index and growth issues. Better than expected 1Q US GDP eases global growth worries. China signals approval for US’s trade talk demands, meeting between the … Continue reading →

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On Balance: Daily Notes for April 26, 2019

Posted on April 25, 2019 by research

Our View Various cuts in PH GDP by different agencies could give our economy a perceptive slowdown. We remain cautiously positive as volatility can give us opportunity for gains in outlier sectors. Geopolitical risk is still on the table. Fitch … Continue reading →

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On Balance: Daily Notes for April 25, 2019

Posted on April 24, 2019 by research

Our View The consolidation at the 7,800 – 7,850 support area in the 1st 3 days of the week amid missing catalysts points to cautious accumulation. The PSEi may continue to test its 50-day EMA. Resumption of US-China talks next … Continue reading →

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