Today, I will tell you the mood of the top 10 brokers based on the end-of-day, week-to-date, and month-to-date timeframes, for the following stocks:
- Chemical Industries of the Phils. (CIP)
- Asiabest Group International, Inc. (ABG)
- Da Vinci Capital Holdings, Inc. (DAVIN)
- Jolliville Holdings Corporation (JOH)
- MEDCO Holdings, Inc. (MED)
- Millenium Global Holdings, Inc. (MG)
- Dizon Copper Silver Mines, Inc. (DIZ)
- Holcim Philippines, Inc. (HLCM)
- AC Energy Philippines, Inc.
- LBC Express Holdings, Inc. (LBC)
I am presenting to you the True Market Sentiment of each of these 10 stocks in three 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.
Chemical Industries of the Phils.
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: ₱131.7459
Top 10 Players’ Selling Average: ₱138.2922
1 out of 4 participants, or 25.00% of all participants, registered a 100% BUYING activity
0 out of 4 participants, or 0.00% of all participants, registered a 100% SELLING activity
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: ₱131.6302
Top 10 Players’ Selling Average: ₱138.2628
1 out of 4 participants, or 25.00% of all participants, registered a 100% BUYING activity
0 out of 4 participants, or 0.00% of all participants, registered a 100% SELLING activity
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: ₱132.1973
Top 10 Players’ Selling Average: ₱144.9939
1 out of 5 participants, or 20.00% of all participants, registered a 100% BUYING activity
1 out of 5 participants or 20.00% of all participants registered a 100% SELLING activity
Asiabest Group International, Inc.
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: ₱10.1160
Top 10 Players’ Selling Average: ₱9.9767
3 out of 26 participants, or 11.54% of all participants, registered a 100% BUYING activity
9 out of 26 participants, or 34.62% 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: ₱10.0558
Top 10 Players’ Selling Average: ₱9.9470
3 out of 26 participants, or 11.54% of all participants, registered a 100% BUYING activity
9 out of 26 participants, or 34.62% 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: ₱9.2411
Top 10 Players’ Selling Average: ₱9.4408
4 out of 31 participants, or 12.90% of all participants, registered a 100% BUYING activity
6 out of 31 participants or 19.35% of all participants registered a 100% SELLING activity
Da Vinci Capital Holdings, Inc.
True Market Sentiment: NEUTRAL
5 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: ₱6.1871
Top 10 Players’ Selling Average: ₱6.1824
8 out of 34 participants, or 23.53% of all participants, registered a 100% BUYING activity
11 out of 34 participants, or 32.35% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱6.0933
Top 10 Players’ Selling Average: ₱6.0748
8 out of 37 participants, or 21.62% of all participants, registered a 100% BUYING activity
11 out of 37 participants, or 29.73% of all participants, registered a 100% SELLING activity
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: ₱5.7918
Top 10 Players’ Selling Average: ₱5.7230
7 out of 43 participants, or 16.28% of all participants, registered a 100% BUYING activity
12 out of 43 participants or 27.91% of all participants registered a 100% SELLING activity
Jolliville Holdings Corporation
True Market Sentiment: BEARISH
1 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: ₱5.2000
Top 10 Players’ Selling Average: ₱5.2000
1 out of 3 participants, or 33.33% of all participants, registered a 100% BUYING activity
1 out of 3 participants, or 33.33% of all participants, registered a 100% SELLING activity
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: ₱5.1005
Top 10 Players’ Selling Average: ₱5.1046
2 out of 5 participants, or 40.00% of all participants, registered a 100% BUYING activity
2 out of 5 participants, or 40.00% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
3 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: ₱5.0906
Top 10 Players’ Selling Average: ₱5.1101
1 out of 11 participants, or 9.09% of all participants, registered a 100% BUYING activity
5 out of 11 participants or 45.45% of all participants registered a 100% SELLING activity
MEDCO Holdings, Inc.
True Market Sentiment: NEUTRAL
5 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱0.3807
Top 10 Players’ Selling Average: ₱0.3831
6 out of 12 participants, or 50.00% of all participants, registered a 100% BUYING activity
3 out of 12 participants, or 25.00% 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: ₱0.3780
Top 10 Players’ Selling Average: ₱0.3840
7 out of 14 participants, or 50.00% of all participants, registered a 100% BUYING activity
3 out of 14 participants, or 21.43% 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: ₱0.3816
Top 10 Players’ Selling Average: ₱0.3826
8 out of 37 participants, or 21.62% of all participants, registered a 100% BUYING activity
8 out of 37 participants or 21.62% of all participants registered a 100% SELLING activity
Millenium Global Holdings, Inc.
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: ₱0.2717
Top 10 Players’ Selling Average: ₱0.2740
8 out of 44 participants, or 18.18% of all participants, registered a 100% BUYING activity
17 out of 44 participants, or 38.64% 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: ₱0.2620
Top 10 Players’ Selling Average: ₱0.2650
4 out of 47 participants, or 8.51% of all participants, registered a 100% BUYING activity
20 out of 47 participants, or 42.55% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
7 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: ₱0.2349
Top 10 Players’ Selling Average: ₱0.2391
4 out of 60 participants, or 6.67% of all participants, registered a 100% BUYING activity
16 out of 60 participants or 26.67% of all participants registered a 100% SELLING activity
Dizon Copper Silver Mines, Inc.
True Market Sentiment: BEARISH
2 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: ₱8.1521
Top 10 Players’ Selling Average: ₱8.2168
1 out of 6 participants, or 16.67% of all participants, registered a 100% BUYING activity
2 out of 6 participants, or 33.33% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
5 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: ₱8.0600
Top 10 Players’ Selling Average: ₱8.1395
2 out of 9 participants, or 22.22% of all participants, registered a 100% BUYING activity
3 out of 9 participants, or 33.33% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
3 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: ₱8.2576
Top 10 Players’ Selling Average: ₱8.2679
2 out of 20 participants, or 10.00% of all participants, registered a 100% BUYING activity
12 out of 20 participants or 60.00% of all participants registered a 100% SELLING activity
Holcim Philippines, Inc.
True Market Sentiment: BEARISH
3 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: ₱7.4944
Top 10 Players’ Selling Average: ₱7.4456
5 out of 38 participants, or 13.16% of all participants, registered a 100% BUYING activity
19 out of 38 participants, or 50.00% of all participants, registered a 100% SELLING activity
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: ₱7.4456
Top 10 Players’ Selling Average: ₱7.3761
6 out of 41 participants, or 14.63% of all participants, registered a 100% BUYING activity
15 out of 41 participants, or 36.59% of all participants, registered a 100% SELLING activity
True Market Sentiment: BULLISH
6 of the top 10 brokers registered a positive Net Amount
7 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱7.3286
Top 10 Players’ Selling Average: ₱7.3329
8 out of 71 participants, or 11.27% of all participants, registered a 100% BUYING activity
16 out of 71 participants or 22.54% of all participants registered a 100% SELLING activity
AC Energy Philippines, Inc.
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: ₱7.2309
Top 10 Players’ Selling Average: ₱7.2733
13 out of 78 participants, or 16.67% of all participants, registered a 100% BUYING activity
14 out of 78 participants, or 17.95% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
6 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: ₱7.0846
Top 10 Players’ Selling Average: ₱7.1089
12 out of 90 participants, or 13.33% of all participants, registered a 100% BUYING activity
16 out of 90 participants, or 17.78% 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: ₱6.5033
Top 10 Players’ Selling Average: ₱6.4880
6 out of 108 participants, or 5.56% of all participants, registered a 100% BUYING activity
7 out of 108 participants or 6.48% of all participants registered a 100% SELLING activity
LBC Express Holdings, Inc.
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱15.9652
Top 10 Players’ Selling Average: ₱15.9457
2 out of 7 participants, or 28.57% of all participants, registered a 100% BUYING activity
3 out of 7 participants, or 42.86% of all participants, registered a 100% SELLING activity
True Market Sentiment: BEARISH
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
Top 10 Players’ Buying Average: ₱15.9013
Top 10 Players’ Selling Average: ₱15.8551
1 out of 10 participants, or 10.00% of all participants, registered a 100% BUYING activity
4 out of 10 participants, or 40.00% of all participants, registered a 100% SELLING activity
True Market Sentiment: NEUTRAL
5 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: ₱16.3386
Top 10 Players’ Selling Average: ₱16.2493
3 out of 21 participants, or 14.29% of all participants, registered a 100% BUYING activity
6 out of 21 participants or 28.57% of all participants registered a 100% SELLING activity
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