Today, I will tell you the mood of the top 10 brokers based on the end-of-day and month-to-date timeframes, for the following stocks:
- Basic Energy Corporation (BSC)
- Transpacific Broadband Group Int’l. Inc. (TBGI)
- National Reinsurance Corp. of the Phils. (NRCP)
- Del Monte Pacific Limited (DELM)
- Philippine Business Bank (PBB)
- Marcventures Holdings, Inc. (MARC)
- Millenium Global Holdings, Inc. (MG)
- Oriental Pet. and Minerals Corp. “A” (OPM)
- APC Group, Inc. (APC)
- Security Bank Corporation (SECB)
I am presenting to you the True Market Sentiment of each of these 10 stocks in two timeframes because I know that not all traders or investors refer to the daily chart. Some of you refer to the weekly or monthly statistics.
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?”
Would You Like to Learn More?
These are not the only scenarios where I use my True Market Sentiment chart. 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 subscribe to the stock market consultancy service of Equilyst Analytics, you’ll have exclusive access to the Tagalog and English versions of my online stock market course called The Evergreen Strategy in Trading and Investing in the Philippine Stock Market. I have discussed the details of the use of my True Market Sentiment in lesson number 3 of this online stock market course. I’ll teach you what I personally do from stock selection to buying and selling. I will teach you what you will not find on Google. Otherwise, it doesn’t make sense asking you to pay for this service if it’s freely available on the internet. You got it? Okay. Let’s begin.
Basic Energy Corporation
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱0.3674
Top 10 Players’ Selling Average: ₱0.3683
4 out of 73 participants, or 5.48% of all participants, registered a 100% BUYING activity
27 out of 73 participants, or 36.99% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱0.3327
Top 10 Players’ Selling Average: ₱0.3357
5 out of 87 participants, or 5.75% of all participants, registered a 100% BUYING activity
18 out of 87 participants or 20.69% of all participants registered a 100% SELLING activity
Transpacific Broadband Group Int’l. Inc.
True Market Sentiment: NEUTRAL
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
Top 10 Players’ Buying Average: ₱0.3448
Top 10 Players’ Selling Average: ₱0.3443
9 out of 54 participants, or 16.67% of all participants, registered a 100% BUYING activity
26 out of 54 participants, or 48.15% of all participants, registered a 100% SELLING activity
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.3228
Top 10 Players’ Selling Average: ₱0.3227
8 out of 64 participants, or 12.50% of all participants, registered a 100% BUYING activity
15 out of 64 participants or 23.44% of all participants registered a 100% SELLING activity
National Reinsurance Corp. of the Phils.
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.7201
Top 10 Players’ Selling Average: ₱0.7283
6 out of 27 participants, or 22.22% of all participants, registered a 100% BUYING activity
11 out of 27 participants, or 40.74% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
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
Top 10 Players’ Buying Average: ₱0.6937
Top 10 Players’ Selling Average: ₱0.6959
9 out of 34 participants, or 26.47% of all participants, registered a 100% BUYING activity
12 out of 34 participants or 35.29% of all participants registered a 100% SELLING activity
Del Monte Pacific Limited
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.8591
Top 10 Players’ Selling Average: ₱7.7811
4 out of 27 participants, or 14.81% of all participants, registered a 100% BUYING activity
8 out of 27 participants, or 29.63% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
7 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱6.9002
Top 10 Players’ Selling Average: ₱7.0446
9 out of 40 participants, or 22.50% of all participants, registered a 100% BUYING activity
10 out of 40 participants or 25.00% of all participants registered a 100% SELLING activity
Philippine Business Bank
True Market Sentiment: BEARISH
2 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱10.8166
Top 10 Players’ Selling Average: ₱10.6864
2 out of 15 participants, or 13.33% of all participants, registered a 100% BUYING activity
8 out of 15 participants, or 53.33% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
5 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱10.1065
Top 10 Players’ Selling Average: ₱10.2866
3 out of 22 participants, or 13.64% of all participants, registered a 100% BUYING activity
9 out of 22 participants or 40.91% of all participants registered a 100% SELLING activity
Marcventures Holdings, Inc.
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.4231
Top 10 Players’ Selling Average: ₱1.4228
5 out of 35 participants, or 14.29% of all participants, registered a 100% BUYING activity
15 out of 35 participants, or 42.86% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
4 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.3098
Top 10 Players’ Selling Average: ₱1.3159
6 out of 57 participants, or 10.53% of all participants, registered a 100% BUYING activity
18 out of 57 participants or 31.58% of all participants registered a 100% SELLING activity
Millenium Global Holdings, Inc.
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱0.2377
Top 10 Players’ Selling Average: ₱0.2387
9 out of 40 participants, or 22.50% of all participants, registered a 100% BUYING activity
14 out of 40 participants, or 35.00% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.2157
Top 10 Players’ Selling Average: ₱0.2220
10 out of 50 participants, or 20.00% of all participants, registered a 100% BUYING activity
17 out of 50 participants or 34.00% of all participants registered a 100% SELLING activity
Oriental Pet. and Minerals Corp. “A”
True Market Sentiment: NEUTRAL
6 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.0113
Top 10 Players’ Selling Average: ₱0.0115
2 out of 14 participants, or 14.29% of all participants, registered a 100% BUYING activity
4 out of 14 participants, or 28.57% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
3 of the top 10 brokers registered a positive Net Amount
1 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.0110
Top 10 Players’ Selling Average: ₱0.0111
4 out of 39 participants, or 10.26% of all participants, registered a 100% BUYING activity
16 out of 39 participants or 41.03% of all participants registered a 100% SELLING activity
APC Group, Inc.
True Market Sentiment: NEUTRAL
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
Top 10 Players’ Buying Average: ₱0.4415
Top 10 Players’ Selling Average: ₱0.4420
9 out of 35 participants, or 25.71% of all participants, registered a 100% BUYING activity
14 out of 35 participants, or 40.00% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱0.4184
Top 10 Players’ Selling Average: ₱0.4227
8 out of 41 participants, or 19.51% of all participants, registered a 100% BUYING activity
16 out of 41 participants or 39.02% of all participants registered a 100% SELLING activity
Security Bank Corporation
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱145.3726
Top 10 Players’ Selling Average: ₱146.0713
8 out of 69 participants, or 11.59% of all participants, registered a 100% BUYING activity
25 out of 69 participants, or 36.23% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
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
Top 10 Players’ Buying Average: ₱136.3796
Top 10 Players’ Selling Average: ₱136.5913
5 out of 91 participants, or 5.49% of all participants, registered a 100% BUYING activity
18 out of 91 participants or 19.78% of all participants registered a 100% SELLING activity
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