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: Weekly Notes for April 25, 2022

OUR VIEW This week, the local market is expected to continue contending with macroeconomic concerns while positive catalysts are yet to be found. The rally in the US bond yields amid the aggressively hawkish signals from the Federal Reserve may … Continue reading

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On Balance: Daily Notes for April 22, 2022

OUR VIEW On the last trading day of the week, some investors are expected to book more profits to avoid any uncertainties over the weekend, particularly with the weak market participation. In short– to medium term, we see the market … Continue reading

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On Balance: Daily Notes for April 21, 2022

OUR VIEW Book some gains after the market climbed for four consecutive days which may lead to profit-taking by the short-term traders, particularly with the weak market participation. We expect sideways movements with a downward bias in the next few … Continue reading

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On Balance: Daily Notes for April 20, 2022

OUR VIEW Trade cautiously this Wednesday. We may see some profit taking pressures following the local market’s 3-day rally on weak footing. The continuous rise in US bond yields and the depreciation of the local currency may also weigh on … Continue reading

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On Balance: Daily Notes for April 19, 2022

OUR VIEW Trade cautiously this Tuesday as the local market may continue to test the 7,000 – 7,100 range. The continuous rise in the US’ bond yields, together with inflation concerns amid the hike in local fuel prices and agricultural … Continue reading

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On Balance: Weekly Notes for April 18, 2022

OUR VIEW While we may see some bargain hunting following two successive weeks of decline, the general market sentiment this week is still seen to have a bearish bias due to the lingering macroeconomic concerns. The rising yields in the … Continue reading

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On Balance: Daily Notes for April 13, 2022

OUR VIEW Trade cautiously on the last trading day of the week ahead of the long weekend. Some traders are expected to sell positions today to avoid any uncertainties, particularly with the worries over the inflation rate in the US … Continue reading

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On Balance: Daily Notes for April 12, 2022

OUR VIEW Cautiously accumulate fundamentally strong stocks for the long-term. Meanwhile, short-term traders may sell position for now. The market was weak and is expected to continue for the next few days ahead of the long weekend. Some traders may … Continue reading

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On Balance: Weekly Notes for April 11, 2022

OUR VIEW This week, the local market could move with a downward bias as it continues to face headwinds from both offshore and onshore. The Federal Reserve’s hawkish monetary policy outlook is seen to remain as a big concern for … Continue reading

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On Balance: Daily Notes for April 08, 2022

OUR VIEW Trade cautiously after the market declined below the 7,000 psychological support level. Investors may wait for the market to get back above the 7,000 level before positioning or wait for the next support around 6,800. On a positive … Continue reading

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