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- 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 7, 2022 for the following stocks:
- Concrete Aggregates Corp. ”B”
- Imperial Resources, Inc.
- Figaro Coffee Group, Inc.
- Cemex Holdings Philippines, Inc.
- Prime Media Holdings, Inc.
- 2GO Group, Inc.
- Alliance Select Foods Int’l, Inc.
- Philippine Infradev Holdings Inc.
- Centro Escolar University
- DFNN, Inc.
Concrete Aggregates Corp. ”B” (CAB) Market Sentiment Analysis
Market Sentiment Index: BULLISH
1 of the 3 participating brokers, or 33.33% of all participants, registered a positive Net Amount
1 of the 3 participating brokers, or 33.33% of all participants, registered a higher Buying Average than Selling Average
3 Participating Brokers’ Buying Average: ₱46.00000
3 Participating Brokers’ Selling Average: ₱46.00000
1 out of 3 participants, or 33.33% of all participants, registered a 100% BUYING activity
2 out of 3 participants, or 66.67% of all participants, registered a 100% SELLING activity
Imperial Resources, Inc. (IMP) Market Sentiment Analysis
Market Sentiment Index: BULLISH
1 of the 2 participating brokers, or 50.00% of all participants, registered a positive Net Amount
1 of the 2 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
2 Participating Brokers’ Buying Average: ₱1.34000
2 Participating Brokers’ Selling Average: ₱1.34000
1 out of 2 participants, or 50.00% of all participants, registered a 100% BUYING activity
1 out of 2 participants, or 50.00% of all participants, registered a 100% SELLING activity
Figaro Coffee Group, Inc. (FCG) Market Sentiment Analysis
Market Sentiment Index: BULLISH
9 of the 23 participating brokers, or 39.13% of all participants, registered a positive Net Amount
9 of the 23 participating brokers, or 39.13% of all participants, registered a higher Buying Average than Selling Average
23 Participating Brokers’ Buying Average: ₱0.53543
23 Participating Brokers’ Selling Average: ₱0.53754
3 out of 23 participants, or 13.04% of all participants, registered a 100% BUYING activity
6 out of 23 participants, or 26.09% of all participants, registered a 100% SELLING activity
Cemex Holdings Philippines, Inc. (CHP) Market Sentiment Analysis
Market Sentiment Index: BULLISH
5 of the 15 participating brokers, or 33.33% of all participants, registered a positive Net Amount
6 of the 15 participating brokers, or 40.00% of all participants, registered a higher Buying Average than Selling Average
15 Participating Brokers’ Buying Average: ₱0.71091
15 Participating Brokers’ Selling Average: ₱0.71558
4 out of 15 participants, or 26.67% of all participants, registered a 100% BUYING activity
7 out of 15 participants, or 46.67% of all participants, registered a 100% SELLING activity
Prime Media Holdings, Inc. (PRIM) Market Sentiment Analysis
Market Sentiment Index: BULLISH
9 of the 25 participating brokers, or 36.00% of all participants, registered a positive Net Amount
11 of the 25 participating brokers, or 44.00% of all participants, registered a higher Buying Average than Selling Average
25 Participating Brokers’ Buying Average: ₱2.33096
25 Participating Brokers’ Selling Average: ₱2.34016
5 out of 25 participants, or 20.00% of all participants, registered a 100% BUYING activity
9 out of 25 participants, or 36.00% of all participants, registered a 100% SELLING activity
2GO Group, Inc. (2GO) Market Sentiment Analysis
Market Sentiment Index: BEARISH
2 of the 4 participating brokers, or 50.00% of all participants, registered a positive Net Amount
1 of the 4 participating brokers, or 25.00% of all participants, registered a higher Buying Average than Selling Average
4 Participating Brokers’ Buying Average: ₱7.09375
4 Participating Brokers’ Selling Average: ₱7.15667
1 out of 4 participants, or 25.00% of all participants, registered a 100% BUYING activity
2 out of 4 participants, or 50.00% of all participants, registered a 100% SELLING activity
Alliance Select Foods Int’l, Inc. (FOOD) Market Sentiment Analysis
Market Sentiment Index: BEARISH
0 of the 1 participating brokers, or 0.00% of all participants, registered a positive Net Amount
0 of the 1 participating brokers, or 0.00% of all participants, registered a higher Buying Average than Selling Average
1 Participating Brokers’ Buying Average: ₱0.60000
1 Participating Brokers’ Selling Average: ₱0.60000
0 out of 1 participants, or 0.00% of all participants, registered a 100% BUYING activity
0 out of 1 participants, or 0.00% of all participants, registered a 100% SELLING activity
Philippine Infradev Holdings Inc. (IRC) Market Sentiment Analysis
Market Sentiment Index: BULLISH
7 of the 19 participating brokers, or 36.84% of all participants, registered a positive Net Amount
6 of the 19 participating brokers, or 31.58% of all participants, registered a higher Buying Average than Selling Average
19 Participating Brokers’ Buying Average: ₱1.03638
19 Participating Brokers’ Selling Average: ₱1.04924
5 out of 19 participants, or 26.32% of all participants, registered a 100% BUYING activity
11 out of 19 participants, or 57.89% of all participants, registered a 100% SELLING activity
Centro Escolar University (CEU) Market Sentiment Analysis
Market Sentiment Index: BULLISH
1 of the 3 participating brokers, or 33.33% of all participants, registered a positive Net Amount
1 of the 3 participating brokers, or 33.33% of all participants, registered a higher Buying Average than Selling Average
3 Participating Brokers’ Buying Average: ₱6.84690
3 Participating Brokers’ Selling Average: ₱6.84500
1 out of 3 participants, or 33.33% of all participants, registered a 100% BUYING activity
2 out of 3 participants, or 66.67% of all participants, registered a 100% SELLING activity
DFNN, Inc. (DFNN) Market Sentiment Analysis
Market Sentiment Index: BULLISH
3 of the 9 participating brokers, or 33.33% of all participants, registered a positive Net Amount
4 of the 9 participating brokers, or 44.44% of all participants, registered a higher Buying Average than Selling Average
9 Participating Brokers’ Buying Average: ₱3.34298
9 Participating Brokers’ Selling Average: ₱3.34247
3 out of 9 participants, or 33.33% of all participants, registered a 100% BUYING activity
3 out of 9 participants, or 33.33% of all participants, registered a 100% SELLING activity
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?”
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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