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Attend my stock market seminar to learn the following lessons:
- Lesson 1: how to find the stocks that you should add to your watchlist
- Lesson 2: how to look for a confirmed buy signal
- Lesson 3: how to buy logically and strategically
- Lesson 4: how to sell with more logic and less emotion
Click here to register for my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.
Today, I will tell you the mood of the top 10 brokers based on their prevailing market sentiment’s data as of June 1, 2022 for the following stocks:
- SPC Power Corporation (SPC)
- Apollo Global Capital, Inc. (APL)
- DMCI Holdings, Inc. (DMC)
- Ayala Land, Inc. (ALI)
- DITO CME Holdings Corp. (DITO)
- Basic Energy Corporation (BSC)
- Alliance Global Group, Inc. (AGI)
- The Philippine Stock Exchange, Inc. (PSE)
- PhilWeb Corporation (WEB)
- Monde Nissin Corporation (MONDE)
Why did I create my proprietary Market Sentiment Index indicator?
I am using my proprietary Market Sentiment Index (MSI) to identify the overall mood of the top 10 brokers.
I want you to understand that my Market Sentiment Index is not a determiner of trend but sentiment.
I use this chart on several occasions. Here are some examples of its usage.
Scenario 1
Let’s say the stock is still moving above your trailing stop loss. All other indicators you check are 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 your other indicators are bullish just because you saw that the foreign fundies are bearish.
However, you saw that the Market Sentiment Index of the stock is bullish. That means the majority of the top 10 brokers bought the dips.
Doesn’t that give you the confidence to top up, too?
Scenario 2
Let’s say the stock is still trading above your trailing stop loss. However, the other indicators you monitor are bearish.
Now, you’re torn between pre-empting your trailing stop loss (selling even before it gets hit) and respecting it (sell only when it’s hit).
However, you see that the Market Sentiment Index is bullish.
Doesn’t that 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 current price is not higher than the previous trading day’s opening price?”
But seeing that the Market Sentiment Index 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?”
Does that data-oriented insight make sense to you?
SPC Power Corporation (SPC)
Market Sentiment Index: BULLISH
21 of the 28 participating brokers, or 75.00% of all participants, registered a positive Net Amount
20 of the 28 participating brokers, or 71.43% of all participants, registered a higher Buying Average than Selling Average
28 Participating Brokers’ Buying Average: ₱12.01076
28 Participating Brokers’ Selling Average: ₱12.06793
15 out of 28 participants, or 53.57% of all participants, registered a 100% BUYING activity
3 out of 28 participants, or 10.71% of all participants, registered a 100% SELLING activity
Apollo Global Capital, Inc. (APL)
Market Sentiment Index: BULLISH
18 of the 24 participating brokers, or 75.00% of all participants, registered a positive Net Amount
11 of the 24 participating brokers, or 45.83% of all participants, registered a higher Buying Average than Selling Average
24 Participating Brokers’ Buying Average: ₱0.04512
24 Participating Brokers’ Selling Average: ₱0.04512
8 out of 24 participants, or 33.33% of all participants, registered a 100% BUYING activity
3 out of 24 participants, or 12.50% of all participants, registered a 100% SELLING activity
DMCI Holdings, Inc. (DMC)
Market Sentiment Index: BULLISH
27 of the 52 participating brokers, or 51.92% of all participants, registered a positive Net Amount
16 of the 52 participating brokers, or 30.77% of all participants, registered a higher Buying Average than Selling Average
52 Participating Brokers’ Buying Average: ₱9.04668
52 Participating Brokers’ Selling Average: ₱9.06383
11 out of 52 participants, or 21.15% of all participants, registered a 100% BUYING activity
15 out of 52 participants, or 28.85% of all participants, registered a 100% SELLING activity
Ayala Land, Inc. (ALI)
Market Sentiment Index: BULLISH
26 of the 42 participating brokers, or 61.90% of all participants, registered a positive Net Amount
26 of the 42 participating brokers, or 61.90% of all participants, registered a higher Buying Average than Selling Average
42 Participating Brokers’ Buying Average: ₱29.48134
42 Participating Brokers’ Selling Average: ₱29.50366
14 out of 42 participants, or 33.33% of all participants, registered a 100% BUYING activity
3 out of 42 participants, or 7.14% of all participants, registered a 100% SELLING activity
DITO CME Holdings Corp. (DITO)
Market Sentiment Index: BEARISH
10 of the 25 participating brokers, or 40.00% of all participants, registered a positive Net Amount
7 of the 25 participating brokers, or 28.00% of all participants, registered a higher Buying Average than Selling Average
25 Participating Brokers’ Buying Average: ₱4.46369
25 Participating Brokers’ Selling Average: ₱4.48158
6 out of 25 participants, or 24.00% of all participants, registered a 100% BUYING activity
7 out of 25 participants, or 28.00% of all participants, registered a 100% SELLING activity
Basic Energy Corporation (BSC)
Market Sentiment Index: BULLISH
11 of the 22 participating brokers, or 50.00% of all participants, registered a positive Net Amount
13 of the 22 participating brokers, or 59.09% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱0.46422
22 Participating Brokers’ Selling Average: ₱0.46324
6 out of 22 participants, or 27.27% of all participants, registered a 100% BUYING activity
6 out of 22 participants, or 27.27% of all participants, registered a 100% SELLING activity
Alliance Global Group, Inc. (AGI)
Market Sentiment Index: BULLISH
11 of the 22 participating brokers, or 50.00% of all participants, registered a positive Net Amount
11 of the 22 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱10.72985
22 Participating Brokers’ Selling Average: ₱10.75946
8 out of 22 participants, or 36.36% of all participants, registered a 100% BUYING activity
7 out of 22 participants, or 31.82% of all participants, registered a 100% SELLING activity
The Philippine Stock Exchange, Inc. (PSE)
Market Sentiment Index: BULLISH
6 of the 8 participating brokers, or 75.00% of all participants, registered a positive Net Amount
4 of the 8 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
8 Participating Brokers’ Buying Average: ₱195.54658
8 Participating Brokers’ Selling Average: ₱197.45418
4 out of 8 participants, or 50.00% of all participants, registered a 100% BUYING activity
2 out of 8 participants, or 25.00% of all participants, registered a 100% SELLING activity
PhilWeb Corporation (WEB)
Market Sentiment Index: BULLISH
11 of the 22 participating brokers, or 50.00% of all participants, registered a positive Net Amount
9 of the 22 participating brokers, or 40.91% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱3.82548
22 Participating Brokers’ Selling Average: ₱3.82328
4 out of 22 participants, or 18.18% of all participants, registered a 100% BUYING activity
6 out of 22 participants, or 27.27% of all participants, registered a 100% SELLING activity
Monde Nissin Corporation (MONDE)
Market Sentiment Index: BULLISH
39 of the 62 participating brokers, or 62.90% of all participants, registered a positive Net Amount
38 of the 62 participating brokers, or 61.29% of all participants, registered a higher Buying Average than Selling Average
62 Participating Brokers’ Buying Average: ₱14.39909
62 Participating Brokers’ Selling Average: ₱14.40303
20 out of 62 participants, or 32.26% of all participants, registered a 100% BUYING activity
5 out of 62 participants, or 8.06% of all participants, registered a 100% SELLING activity
Need Help? Want to Learn More?
Attend my stock market seminar to learn the following lessons:
- Lesson 1: how to find the stocks that you should add to your watchlist
- Lesson 2: how to look for a confirmed buy signal
- Lesson 3: how to buy logically and strategically
- Lesson 4: how to sell with more logic and less emotion
Click here to register for my Evergreen Strategy in Trading and Investing in the Philippine Stock Market.
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