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:
- Suntrust Home Developers, Inc.
- Premiere Horizon Alliance Corporation
- First Gen Corporation
- Roxas and Company, Inc.
- Concepcion Industrial Corporation
- Megaworld Corporation
- International Container Terminal Services, Inc.
- Pepsi-Cola Products Philippines, Inc.
- AbaCore Capital Holdings, Inc.
- APC Group, Inc.
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 10 stocks.
- Suntrust Home Developers, Inc.
- Premiere Horizon Alliance Corporation
- First Gen Corporation
- Roxas and Company, Inc.
- Concepcion Industrial Corporation
- Megaworld Corporation
- International Container Terminal Services, Inc.
- Pepsi-Cola Products Philippines, Inc.
- AbaCore Capital Holdings, Inc.
- APC Group, Inc.
SUN
Last Price: 0.99
VWAP: 0.880423089
Most Traded: 0.96 – 1.02
Most Voluminous: 0.87 – 0.87
True Market Sentiment of SUN as of Sep-27-2019 at 11:31AM, with a last price of 0.9900.
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: 0.9656
Top 10 Players’ Selling Average: 0.9824
Bonus Info:
4 out of 43 participants or 9.30% of all participants registered a 100% BUYING activity
19 out of 43 participants or 44.19% of all participants registered a 100% SELLING activity
PHA
Last Price: 0.57
VWAP: 0.56740238
Most Traded: 0.57 – 0.57
Most Voluminous: 0.57 – 0.57
True Market Sentiment of PHA as of Sep-27-2019 at 11:32AM, with a last price of 0.5700.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 0.5660
Top 10 Players’ Selling Average: 0.5691
Bonus Info:
14 out of 35 participants or 40.00% of all participants registered a 100% BUYING activity
10 out of 35 participants or 28.57% of all participants registered a 100% SELLING activity
FGEN
Last Price: 24.80
VWAP: 24.40009534
Most Traded: 24.7 – 24.4
Most Voluminous: 24.4 – 24.25
True Market Sentiment of FGEN as of Sep-27-2019 at 11:34AM, with a last price of 24.800.
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: 24.4462
Top 10 Players’ Selling Average: 24.4385
Bonus Info:
5 out of 20 participants or 25.00% of all participants registered a 100% BUYING activity
7 out of 20 participants or 35.00% of all participants registered a 100% SELLING activity
RCI
Last Price: 1.90
VWAP: 1.88601476
Most Traded: 1.91 – 1.9
Most Voluminous: 1.91 – 1.91
True Market Sentiment of RCI as of Sep-27-2019 at 11:35AM, with a last price of 1.900.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 1.8687
Top 10 Players’ Selling Average: 1.8853
Bonus Info:
0 out of 5 participants or 0.00% of all participants registered a 100% BUYING activity
3 out of 5 participants or 60.00% of all participants registered a 100% SELLING activity
CIC
Last Price: 31.50
VWAP: 31.32035928
Most Traded: 31.5 – 31.5
Most Voluminous: 31.5 – 31.5
True Market Sentiment of CIC as of Sep-27-2019 at 11:37AM, with a last price of 31.500.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 31.3204
Top 10 Players’ Selling Average: 31.4552
Bonus Info:
1 out of 6 participants or 16.67% of all participants registered a 100% BUYING activity
5 out of 6 participants or 83.33% of all participants registered a 100% SELLING activity
MEG
Last Price: 4.58
VWAP: 4.629983396
Most Traded: 4.74 – 4.58
Most Voluminous: 4.57 – 4.57
True Market Sentiment of MEG as of Sep-27-2019 at 11:38AM, with a last price of 4.5800.
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: 4.6534
Top 10 Players’ Selling Average: 4.6682
Bonus Info:
35 out of 65 participants or 53.85% of all participants registered a 100% BUYING activity
5 out of 65 participants or 7.69% of all participants registered a 100% SELLING activity
ICT
Last Price: 122.30
VWAP: 125.1634288
Most Traded: 127 – 122.5
Most Voluminous: 123 – 127.1
True Market Sentiment of ICT as of Sep-27-2019 at 11:39AM, with a last price of 122.300.
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
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 124.1598
Top 10 Players’ Selling Average: 124.2509
Bonus Info:
29 out of 51 participants or 56.86% of all participants registered a 100% BUYING activity
3 out of 51 participants or 5.88% of all participants registered a 100% SELLING activity
PIP
Last Price: 1.86
VWAP: 1.877360562
Most Traded: 1.88 – 1.87
Most Voluminous: 1.88 – 1.9
True Market Sentiment of PIP as of Sep-27-2019 at 11:40AM, with a last price of 1.8600.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 1.8789
Top 10 Players’ Selling Average: 1.8854
Bonus Info:
14 out of 32 participants or 43.75% of all participants registered a 100% BUYING activity
3 out of 32 participants or 9.38% of all participants registered a 100% SELLING activity
ABA
Last Price: 0.93
VWAP: 0.935628992
Most Traded: 0.96 – 0.93
Most Voluminous: 0.93 – 0.93
True Market Sentiment of ABA as of Sep-27-2019 at 11:41AM, with a last price of 0.9300.
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
True Market Sentiment: BEARISH
Top 10 Players’ Buying Average: 0.9344
Top 10 Players’ Selling Average: 0.9362
Bonus Info:
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
APC
Last Price: 0.66
VWAP: 0.667104007
Most Traded: 0.67 – 0.66
Most Voluminous: 0.66 – 0.66
True Market Sentiment of APC as of Sep-27-2019 at 11:42AM, with a last price of 0.6600.
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: 0.6653
Top 10 Players’ Selling Average: 0.6682
Bonus Info:
16 out of 34 participants or 47.06% of all participants registered a 100% BUYING activity
4 out of 34 participants or 11.76% of all participants registered a 100% SELLING activity
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