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 April 10, 2019

Market Wrap The local market climbed 42.45 points (0.54%) Monday, pushing YTD gains to 6.02%, narrowing the month’s losses to -0.07% from as much as -1.02 percent.  Breadth for the month is still negative, -36, pulling the YTD level … Continue reading

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On Balance: Weekly Review for April 8 to 12, 2019

Market Outlook We call for accumulation of property and consumer large capital stocks amid the clearer signs of easing inflation. The PSEi’s On Balance Volume supports the notion for accumulation. Caution is still advised due to lingering concerns including but … Continue reading

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On Balance: Daily Notes for April 5, 2019

Market Outlook A strong buy stance on second-liner and index member stocks with a discernible uptrend with further evidence evinced by recent 52 week highs. Technical signals confirm this bias.  Net foreign buying for the last 10 days amounted … Continue reading

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On Balance: Daily Notes for April 4, 2019

Market Outlook We advise to aggressively accumulate stocks towards property stocks and some second liners with cheap valuations as PSEi may trade sideways for the upcoming days. We also advise to start accumulating some large cap stocks with underlying value. … Continue reading

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On Balance: Daily Notes for April 3, 2019

Market Outlook We are cautiously bullish on PH shares since Net foreign buying still persist YTD vs 2018 denotes that foreign investors are still on the buy side on the equation. We advise to stay on second-liner stocks to mitigate … Continue reading

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On Balance: Daily Notes for April 2, 2019

Market Outlook We are recommending accumulation leaning towards second-liner stocks as volatility to the global markets affect large-cap stocks with great exposure to foreign funds.  Lack of fresh catalyst pointed investors to stay on the sides.  February inflation … Continue reading

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On Balance: Weekly Review for April 1 to 5, 2019

Market Outlook We advise accumulation on dips amid a volatile week due to the ongoing developments abroad. Global growth concerns will likely hang on sentiments capping gains.  Progress is reportedly made on the US – China negotiations. No specific … Continue reading

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On Balance: Daily Notes for March 29, 2019

Market Outlook We may accumulate as we see a possible rally given the positive developments in the US – China trade negotiations. Still, we advise caution as global economic worries continue to linger.  The US yield curve remains inverted … Continue reading

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On Balance: Daily Notes for March 28, 2019

Market Outlook Bargain hunting may set the local bourse for a rebound. On the flipside, global growth concerns may continue to weigh on investors’ sentiments. Thus, we advise cautious accumulation of shares.  The US yield curve remains inverted as … Continue reading

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On Balance: Daily Notes for March 27, 2019

Market Outlook We’re advising cautious accumulation as offshore concerns continue to persist. The settlement of the budget deadlock may give the local market a boost. Still, trading may be tepid as investors wait for global worries to dissipate. The US … Continue reading

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