Today, I will tell you the mood of the top 10 brokers based on their end-of-day, week-to-date, and month-to-date sentiments for the following stocks:
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Boulevard Holdings, Inc. (BHI)
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First Gen Corporation (FGEN)
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Bank of the Philippine Islands (BPI)
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Bloomberry Resorts Corporation (BLOOM)
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AC Energy Corporation (ACEN)
I am presenting to you the Market Sentiment Index of each of these five stocks in three timeframes because I know that not all traders or investors refer to the daily chart only. Some of you refer to the weekly and monthly statistics.
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?
Boulevard Holdings, Inc. (BHI)
EOD – May 19, 2022
Market Sentiment Index: BULLISH
36 of the 66 participating brokers, or 54.55% of all participants, registered a positive Net Amount
32 of the 66 participating brokers, or 48.48% of all participants, registered a higher Buying Average than Selling Average
66 Participating Brokers’ Buying Average: ₱0.10212
66 Participating Brokers’ Selling Average: ₱0.10219
12 out of 66 participants, or 18.18% of all participants, registered a 100% BUYING activity
9 out of 66 participants, or 13.64% of all participants, registered a 100% SELLING activity
WTD – May 16-19, 2022
Market Sentiment Index: BULLISH
35 of the 75 participating brokers, or 46.67% of all participants, registered a positive Net Amount
37 of the 75 participating brokers, or 49.33% of all participants, registered a higher Buying Average than Selling Average
75 Participating Brokers’ Buying Average: ₱0.09639
75 Participating Brokers’ Selling Average: ₱0.09331
6 out of 75 participants, or 8.00% of all participants, registered a 100% BUYING activity
13 out of 75 participants, or 17.33% of all participants, registered a 100% SELLING activity
MTD – May 2-19, 2022
Market Sentiment Index: BULLISH
29 of the 79 participating brokers, or 36.71% of all participants, registered a positive Net Amount
35 of the 79 participating brokers, or 44.30% of all participants, registered a higher Buying Average than Selling Average
79 Participating Brokers’ Buying Average: ₱0.08899
79 Participating Brokers’ Selling Average: ₱0.08672
5 out of 79 participants, or 6.33% of all participants, registered a 100% BUYING activity
14 out of 79 participants, or 17.72% of all participants, registered a 100% SELLING activity
First Gen Corporation (FGEN)
EOD – May 19, 2022
Market Sentiment Index: BULLISH
20 of the 26 participating brokers, or 76.92% of all participants, registered a positive Net Amount
20 of the 26 participating brokers, or 76.92% of all participants, registered a higher Buying Average than Selling Average
26 Participating Brokers’ Buying Average: ₱19.51985
26 Participating Brokers’ Selling Average: ₱19.59416
15 out of 26 participants, or 57.69% of all participants, registered a 100% BUYING activity
2 out of 26 participants, or 7.69% of all participants, registered a 100% SELLING activity
WTD – May 16-19, 2022
Market Sentiment Index: BULLISH
42 of the 51 participating brokers, or 82.35% of all participants, registered a positive Net Amount
43 of the 51 participating brokers, or 84.31% of all participants, registered a higher Buying Average than Selling Average
51 Participating Brokers’ Buying Average: ₱20.06671
51 Participating Brokers’ Selling Average: ₱20.02661
29 out of 51 participants, or 56.86% of all participants, registered a 100% BUYING activity
2 out of 51 participants, or 3.92% of all participants, registered a 100% SELLING activity
MTD – May 2-19, 2022
Market Sentiment Index: BULLISH
40 of the 61 participating brokers, or 65.57% of all participants, registered a positive Net Amount
37 of the 61 participating brokers, or 60.66% of all participants, registered a higher Buying Average than Selling Average
61 Participating Brokers’ Buying Average: ₱20.84635
61 Participating Brokers’ Selling Average: ₱21.68857
24 out of 61 participants, or 39.34% of all participants, registered a 100% BUYING activity
4 out of 61 participants, or 6.56% of all participants, registered a 100% SELLING activity
Bank of the Philippine Islands (BPI)
EOD – May 19, 2022
Market Sentiment Index: BEARISH
13 of the 39 participating brokers, or 33.33% of all participants, registered a positive Net Amount
9 of the 39 participating brokers, or 23.08% of all participants, registered a higher Buying Average than Selling Average
39 Participating Brokers’ Buying Average: ₱96.02013
39 Participating Brokers’ Selling Average: ₱96.79913
5 out of 39 participants, or 12.82% of all participants, registered a 100% BUYING activity
14 out of 39 participants, or 35.90% of all participants, registered a 100% SELLING activity
WTD – May 16-19, 2022
Market Sentiment Index: BULLISH
22 of the 61 participating brokers, or 36.07% of all participants, registered a positive Net Amount
19 of the 61 participating brokers, or 31.15% of all participants, registered a higher Buying Average than Selling Average
61 Participating Brokers’ Buying Average: ₱92.92250
61 Participating Brokers’ Selling Average: ₱94.71528
8 out of 61 participants, or 13.11% of all participants, registered a 100% BUYING activity
12 out of 61 participants, or 19.67% of all participants, registered a 100% SELLING activity
MTD – May 2-19, 2022
Market Sentiment Index: BULLISH
39 of the 76 participating brokers, or 51.32% of all participants, registered a positive Net Amount
26 of the 76 participating brokers, or 34.21% of all participants, registered a higher Buying Average than Selling Average
76 Participating Brokers’ Buying Average: ₱92.94654
76 Participating Brokers’ Selling Average: ₱94.47044
9 out of 76 participants, or 11.84% of all participants, registered a 100% BUYING activity
8 out of 76 participants, or 10.53% of all participants, registered a 100% SELLING activity
Bloomberry Resorts Corporation (BLOOM)
EOD – May 19, 2022
Market Sentiment Index: BULLISH
19 of the 35 participating brokers, or 54.29% of all participants, registered a positive Net Amount
17 of the 35 participating brokers, or 48.57% of all participants, registered a higher Buying Average than Selling Average
35 Participating Brokers’ Buying Average: ₱6.36836
35 Participating Brokers’ Selling Average: ₱6.38705
13 out of 35 participants, or 37.14% of all participants, registered a 100% BUYING activity
8 out of 35 participants, or 22.86% of all participants, registered a 100% SELLING activity
WTD – May 16-19, 2022
Market Sentiment Index: BULLISH
29 of the 57 participating brokers, or 50.88% of all participants, registered a positive Net Amount
24 of the 57 participating brokers, or 42.11% of all participants, registered a higher Buying Average than Selling Average
57 Participating Brokers’ Buying Average: ₱6.43668
57 Participating Brokers’ Selling Average: ₱6.45879
16 out of 57 participants, or 28.07% of all participants, registered a 100% BUYING activity
9 out of 57 participants, or 15.79% of all participants, registered a 100% SELLING activity
MTD – May 2-19, 2022
Market Sentiment Index: BULLISH
30 of the 80 participating brokers, or 37.50% of all participants, registered a positive Net Amount
31 of the 80 participating brokers, or 38.75% of all participants, registered a higher Buying Average than Selling Average
80 Participating Brokers’ Buying Average: ₱6.40206
80 Participating Brokers’ Selling Average: ₱6.44337
7 out of 80 participants, or 8.75% of all participants, registered a 100% BUYING activity
9 out of 80 participants, or 11.25% of all participants, registered a 100% SELLING activity
AC Energy Corporation (ACEN)
EOD – May 19, 2022
Market Sentiment Index: BULLISH
18 of the 54 participating brokers, or 33.33% of all participants, registered a positive Net Amount
23 of the 54 participating brokers, or 42.59% of all participants, registered a higher Buying Average than Selling Average
54 Participating Brokers’ Buying Average: ₱6.99457
54 Participating Brokers’ Selling Average: ₱6.99454
9 out of 54 participants, or 16.67% of all participants, registered a 100% BUYING activity
18 out of 54 participants, or 33.33% of all participants, registered a 100% SELLING activity
WTD – May 16-19, 2022
Market Sentiment Index: BULLISH
34 of the 88 participating brokers, or 38.64% of all participants, registered a positive Net Amount
28 of the 88 participating brokers, or 31.82% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱6.77933
88 Participating Brokers’ Selling Average: ₱6.83888
9 out of 88 participants, or 10.23% of all participants, registered a 100% BUYING activity
16 out of 88 participants, or 18.18% of all participants, registered a 100% SELLING activity
MTD – May 2-19, 2022
Market Sentiment Index: BULLISH
67 of the 110 participating brokers, or 60.91% of all participants, registered a positive Net Amount
49 of the 110 participating brokers, or 44.55% of all participants, registered a higher Buying Average than Selling Average
110 Participating Brokers’ Buying Average: ₱6.90444
110 Participating Brokers’ Selling Average: ₱6.98145
13 out of 110 participants, or 11.82% of all participants, registered a 100% BUYING activity
7 out of 110 participants, or 6.36% of all participants, registered a 100% SELLING activity
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