You’re missing a lot if you think it doesn’t make sense to know the prevailing mood of the top 10 brokers toward a stock.
Why?
Knowing the top 10 brokers’ mood gives you a data-driven overview if the top 10 brokers still have the interest to push the price higher.
You’re causing unnecessary stress for yourself if you’re still using intraday charts.
Why?
Can you accurately spot the price range that got the biggest volume and the highest number of trades by staring at the intraday charts?
You won’t!
How did I know?
I tried.
You know me. I cheat whenever I write or give a seminar.
What do I mean about “I cheat?”
I only write and talk about stuff I already did.
Today, I will tell you the mood of the top 10 brokers and the dominant ranges for the following stocks:
- PXP Energy Corporation
- LT Group, Inc.
- AyalaLand Logistics Holdings Corp.
- Vulcan Industrial & Mining Corporation
- Ferronoux Holdings, Inc.
- Nickel Asia Corporation
- Cirtek Holdings Philippines Corporation
- Xurpas Inc.
- Chelsea Logistics Holdings Corp.
- ABS-CBN Corporation
Why did I create my proprietary True Market Sentiment chart?
I am using my proprietary True Market Sentiment chart to identify the overall mood of the top 10 brokers.
I want you to understand that my True Market Sentiment chart is not a determiner of trend but sentiment.
I use this chart on several occasions. Here are some examples on how I use it depending on the situation.
Scenario 1
Let’s say the stock is still moving above your trailing stop loss. The Momentum Power Indicator is bullish.
You want to top up but you saw a huge Net Foreign Selling. Now you’re half-hearted to continue your plan to top up even though the Momentum Power Indicator is bullish just because you saw that the foreign fundies are bearish.
However, you saw that the True Market Sentiment is bullish. That means the majority of the top 10 brokers bought the dips.
That gives you the confidence to pursue your plan to top up then.
Scenario 2
Let’s say the stock is still trading above your trailing stop loss. However, the Momentum Power Indicator is bearish.
Now, you’re torn between pre-empting your trailing stop loss (selling even before it gets hit) and respecting it (sell only when the TSL gets hit).
But you see that the True Market Sentiment is bullish.
That may give you the confidence to hold your position because you see that the majority of the top 10 brokers are still interested in buying the dips.
Scenario 3
The stock is still trading above your trailing stop loss.
You see that the foreign investors registered a huge Net Foreign Buying.
Now, you’re asking yourself, “Does it make sense for me to top up (buy the dips) because the foreign investors are aggressively buying the dips EVEN IF the Momentum Power Indicator is bearish?”
But seeing that the True Market Sentiment is bearish, you decided not to pursue the plan to mimic what the foreign fundies are doing.
You realized that the foreign fundies can afford to buy the major dips because they have billions in their pocket.
You realized, “Why should I hurry in buying the dips when the majority of the top 10 brokers are not even showing signs of interest yet?”
Did You Get It?
These are not the only scenarios where I use my True Market Sentiment chart. If I will write every possible scenario, I am telling you that this article can be compiled into a literal book with at least 100 pages. Let’s keep it short for now.
When the TMS is bearish, it does not mean the price should also be bearish.
When the TMS is bullish, the price doesn’t have to be bullish.
The TMS chart is not a determiner of trend but sentiment.
If you will attend The Evergreen Strategy in Trading and Investing in the Philippine Stock Market seminar, I will discuss this in detail in Lesson # 3 of the seminar.
I’ll teach you what I personally do from stock selection to buying to selling. It’s from point A to Z.
I will teach you what you will not find on Google.
Lesson 1: how to identify the best stocks to trade
Lesson 2: how to check if the current trend is more likely to continue
Lesson 3: how to know the true market sentiment
Lesson 4: how to identify a confirmed buy signal
Lesson 5: how to identify the best price range to trade
Lesson 6: how to sell more logically and less emotionally
Here’s the schedule:
- Makati – September 28, 2019
- Davao – October 26, 2019
- Cavite – November 23, 2019
- Baguio – January 25, 2020
- Pampanga – February 29, 2020
- Cebu – March 28, 2020
Why did I create my proprietary Trade-Volume Distribution chart?
- It helps me identify reversals, divergences, or false breakouts.
- It shows at a glance the prices that got the biggest volume with the highest number of trades.
- It helps me see if the majority of the volume is registered near the intraday high, intraday low, or median. The price bar at the top of the chart represents the intraday high. The price bar at the bottom represents the intraday low.
- It gives me a clue if cross trades happened at a certain price.
- This chart helps me decide where we should place our buying or selling price because we can see the prices that got the biggest volume with the highest number of trades at a glance.
Attend The Evergreen Strategy in Trading and Investing in the Philippine Stock Market seminar so you can put me to the test. Ask me to check a stock on the spot and I’ll show you right where you are seated how my proprietary methods make trading and investing a calculable and rewarding experience. Come and see.
Without further ado, here’s the true market sentiment of these 5 stocks.
- PXP Energy Corporation
- LT Group, Inc.
- AyalaLand Logistics Holdings Corp.
- Vulcan Industrial & Mining Corporation
- Ferronoux Holdings, Inc.
- Nickel Asia Corporation
- Cirtek Holdings Philippines Corporation
- Xurpas Inc.
- Chelsea Logistics Holdings Corp.
- ABS-CBN Corporation
PXP
Last Price: 12.90
VWAP: 12.9883155
Most Traded: 12.88 – 13
Most Voluminous: 12.8 – 13
True Market Sentiment of PXP as of Sep-12-2019 at 12:00PM, with a last price of 12.900.
5 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 12.9884
Top 10 Players’ Selling Average: 12.9920
Bonus Info:
15 out of 69 participants or 21.74% of all participants registered a 100% BUYING activity
16 out of 69 participants or 23.19% of all participants registered a 100% SELLING activity
LTG
Last Price: 14.58
VWAP: 14.44212269
Most Traded: 14.46 – 14.28
Most Voluminous: 14.44 – 14.44
True Market Sentiment of LTG as of Sep-12-2019 at 12:00PM, with a last price of 14.5800.
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 14.4737
Top 10 Players’ Selling Average: 14.4798
Bonus Info:
2 out of 13 participants or 15.38% of all participants registered a 100% BUYING activity
6 out of 13 participants or 46.15% of all participants registered a 100% SELLING activity
ALLHC
Last Price: 3.58
VWAP: 3.552359368
Most Traded: 3.6 – 3.59
Most Voluminous: 3.59 – 3.6
True Market Sentiment of ALLHC as of Sep-12-2019 at 12:00PM, with a last price of 3.5800.
4 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 3.5450
Top 10 Players’ Selling Average: 3.5480
Bonus Info:
7 out of 32 participants or 21.88% of all participants registered a 100% BUYING activity
11 out of 32 participants or 34.38% of all participants registered a 100% SELLING activity
VUL
Last Price: 1.35
VWAP: 1.345211532
Most Traded: 1.34 – 1.35
Most Voluminous: 1.34 – 1.35
True Market Sentiment of VUL as of Sep-12-2019 at 12:00PM, with a last price of 1.3500.
4 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 1.3435
Top 10 Players’ Selling Average: 1.3470
Bonus Info:
8 out of 31 participants or 25.81% of all participants registered a 100% BUYING activity
10 out of 31 participants or 32.26% of all participants registered a 100% SELLING activity
FERRO
Last Price: 5.35
VWAP: 5.278407572
Most Traded: 5.35 – 5.3
Most Voluminous: 5.2 – 5.3
True Market Sentiment of FERRO as of Sep-12-2019 at 12:00PM, with a last price of 5.3500.
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 5.2891
Top 10 Players’ Selling Average: 5.2946
Bonus Info:
5 out of 26 participants or 19.23% of all participants registered a 100% BUYING activity
12 out of 26 participants or 46.15% of all participants registered a 100% SELLING activity
NIKL
Last Price: 4.27
VWAP: 4.288641884
Most Traded: 4.3 – 4.31
Most Voluminous: 4.31 – 4.25
True Market Sentiment of NIKL as of Sep-12-2019 at 12:00PM, with a last price of 4.2700.
4 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 4.2920
Top 10 Players’ Selling Average: 4.2945
Bonus Info:
22 out of 49 participants or 44.90% of all participants registered a 100% BUYING activity
8 out of 49 participants or 16.33% of all participants registered a 100% SELLING activity
TECH
Last Price: 10.78
VWAP: 11.06421514
Most Traded: 10.72 – 11
Most Voluminous: 10.7 – 11
True Market Sentiment of TECH as of Sep-12-2019 at 12:00PM, with a last price of 10.7800.
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 11.0680
Top 10 Players’ Selling Average: 11.1368
Bonus Info:
18 out of 37 participants or 48.65% of all participants registered a 100% BUYING activity
3 out of 37 participants or 8.11% of all participants registered a 100% SELLING activity
X
Last Price: 1.02
VWAP: 1.034796161
Most Traded: 1.05 – 1.02
Most Voluminous: 1.03 – 1.02
True Market Sentiment of X as of Sep-12-2019 at 12:00PM, with a last price of 1.0200.
5 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 1.0347
Top 10 Players’ Selling Average: 1.0379
Bonus Info:
12 out of 43 participants or 27.91% of all participants registered a 100% BUYING activity
10 out of 43 participants or 23.26% of all participants registered a 100% SELLING activity
C
Last Price: 7.16
VWAP: 7.211635112
Most Traded: 7.17 – 7.15
Most Voluminous: 7.16 – 7.15
True Market Sentiment of C as of Sep-12-2019 at 12:00PM, with a last price of 7.1600.
7 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 7.2207
Top 10 Players’ Selling Average: 7.2432
Bonus Info:
13 out of 27 participants or 48.15% of all participants registered a 100% BUYING activity
3 out of 27 participants or 11.11% of all participants registered a 100% SELLING activity
ABS
Last Price: 19.42
VWAP: 19.5651631
Most Traded: 19.64 – 19.66
Most Voluminous: 19.6 – 19.5
True Market Sentiment of ABS as of Sep-12-2019 at 12:00PM, with a last price of 19.4200.
6 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 19.5575
Top 10 Players’ Selling Average: 19.6133
Bonus Info:
8 out of 15 participants or 53.33% of all participants registered a 100% BUYING activity
3 out of 15 participants or 20.00% of all participants registered a 100% SELLING activity
The Evergreen Strategy in Trading and Investing in the Philippine Stock Market SEMINAR
I will teach you my proprietary methods in doing technical analysis. I will teach you what you will not find on Google.
Here’s what you will learn.
- Lesson 1: how to identify the best stocks to trade
- Lesson 2: how to check if the current trend is more likely to continue
- Lesson 3: how to know the true market sentiment
- Lesson 4: how to identify a confirmed buy signal
- Lesson 5: how to identify the best price range to trade
- Lesson 6: how to sell more logically and less emotionally
Here’s the schedule:
- Makati – September 28, 2019
- Davao – October 26, 2019
- Cavite – November 23, 2019
- Baguio – January 25, 2020
- Pampanga – February 29, 2020
- Cebu – March 28, 2020
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