Market Sentiment: ALI, SMPH, JFC, MEG, BPI, TUGS – August 30, 2019

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Market Sentiment - ALI, SMPH, JFC, MEG, BPI, TUGS - August 30, 2019

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.

I will tell you the mood of the top 10 brokers for the following stocks:

  • Ayala Land, Inc.
  • SM Prime Holdings, Inc.
  • Jollibee Foods Corporation
  • Megaworld Corporation
  • Bank of the Philippine Islands
  • Harbor Star Shipping Services, Inc.

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.

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:

Philippine Stock Market Seminar by Jaycee De Guzman of Equilyst Analytics

Without further ado, here’s the true market sentiment of these 5 stocks.

  • Ayala Land, Inc.
  • SM Prime Holdings, Inc.
  • Jollibee Foods Corporation
  • Megaworld Corporation
  • Bank of the Philippine Islands
  • Harbor Star Shipping Services, Inc.

Ayala Land, Inc.

True Market Sentiment of ALI as of Aug-30-2019 at 11:48AM, with a last price of 47.6500.
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: 47.8366
Top 10 Players’ Selling Average: 47.8088
Bonus Info:
25 out of 52 participants or 48.08% of all participants registered a 100% BUYING activity
2 out of 52 participants or 3.85% of all participants registered a 100% SELLING activity

Ayala Land (ALI) - True Market Sentiment 1 - 8.30.2019

SM Prime Holdings, Inc.

True Market Sentiment of SMPH as of Aug-30-2019 at 11:49AM, with a last price of 35.500.
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: 35.4797
Top 10 Players’ Selling Average: 35.4738
Bonus Info:
10 out of 33 participants or 30.30% of all participants registered a 100% BUYING activity
8 out of 33 participants or 24.24% of all participants registered a 100% SELLING activity

SM Prime Holdings (SMPH) - True Market Sentiment 1 - 8.30.2019

Jollibee Foods Corporation

True Market Sentiment of JFC as of Aug-30-2019 at 11:50AM, with a last price of 235.800.
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
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 237.6612
Top 10 Players’ Selling Average: 237.7072
Bonus Info:
8 out of 56 participants or 14.29% of all participants registered a 100% BUYING activity
23 out of 56 participants or 41.07% of all participants registered a 100% SELLING activity

Jollibee Foods Corporation (JFC) - True Market Sentiment 1 - 8.30.2019

Megaworld Corporation

True Market Sentiment of MEG as of Aug-30-2019 at 11:52AM, with a last price of 5.1700.
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
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 5.1463
Top 10 Players’ Selling Average: 5.1440
Bonus Info:
10 out of 57 participants or 17.54% of all participants registered a 100% BUYING activity
20 out of 57 participants or 35.09% of all participants registered a 100% SELLING activity

Megaworld Corporation (MEG) - True Market Sentiment 1 - 8.30.2019

Bank of the Philippine Islands

True Market Sentiment of BPI as of Aug-30-2019 at 11:52AM, with a last price of 87.9500.
7 of the top 10 brokers registered a positive Net Amount
6 of the top 10 brokers registered a higher Buying Average than Selling Average
True Market Sentiment: BULLISH
Top 10 Players’ Buying Average: 87.9249
Top 10 Players’ Selling Average: 87.9685
Bonus Info:
16 out of 34 participants or 47.06% of all participants registered a 100% BUYING activity
5 out of 34 participants or 14.71% of all participants registered a 100% SELLING activity

Bank of the Philippine Islands (BPI) - True Market Sentiment 1 - 8.30.2019

Harbor Star Shipping Services, Inc.

True Market Sentiment of TUGS as of Aug-30-2019 at 11:53AM, with a last price of 1.9600.
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
True Market Sentiment: NEUTRAL
Top 10 Players’ Buying Average: 2.0242
Top 10 Players’ Selling Average: 2.0181
Bonus Info:
5 out of 55 participants or 9.09% of all participants registered a 100% BUYING activity
18 out of 55 participants or 32.73% of all participants registered a 100% SELLING activity

Harbor Star Shipping Services (TUGS) - True Market Sentiment 1 - 8.30.2019

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Jaycee De Guzman

Jaycee Silverio de Guzman is a computer scientist by profession. He is the founder and CEO of iPresence Digital Marketing, Inc. and Equilyst Analytics, Inc. He is a husband and a father.
Jaycee De Guzman

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