Market Sentiment: BDO, URC, SECB, AC, ICT – 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:

  • BDO Unibank, Inc.
  • Universal Robina Corporation
  • Security Bank Corporation
  • Ayala Corporation
  • Int’l Container Terminal 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.

  • BDO Unibank, Inc.
  • Universal Robina Corporation
  • Security Bank Corporation
  • Ayala Corporation
  • Int’l Container Terminal Services, Inc.

BDO Unibank, Inc.

True Market Sentiment of BDO as of Aug-30-2019 at 03:30PM, with a last price of 149.00.
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: 148.2560
Top 10 Players’ Selling Average: 148.3564
Bonus Info:
4 out of 50 participants or 8.00% of all participants registered a 100% BUYING activity
16 out of 50 participants or 32.00% of all participants registered a 100% SELLING activity

BDO Unibank (BDO) - True Market Sentiment 1 - 8.30.2019

Universal Robina Corporation

True Market Sentiment of URC as of Aug-30-2019 at 03:30PM, with a last price of 173.00.
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: 172.3447
Top 10 Players’ Selling Average: 172.1430
Bonus Info:
4 out of 38 participants or 10.53% of all participants registered a 100% BUYING activity
12 out of 38 participants or 31.58% of all participants registered a 100% SELLING activity

Universal Robina Corporation (URC) - True Market Sentiment 1 - 8.30.2019

Security Bank Corporation

True Market Sentiment of SECB as of Aug-30-2019 at 03:30PM, with a last price of 204.00.
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: 200.6718
Top 10 Players’ Selling Average: 201.7935
Bonus Info:
3 out of 50 participants or 6.00% of all participants registered a 100% BUYING activity
24 out of 50 participants or 48.00% of all participants registered a 100% SELLING activity

Security Bank Corporation (SECB) - True Market Sentiment 1 - 8.30.2019

Ayala Corporation

True Market Sentiment of AC as of Aug-30-2019 at 03:30PM, with a last price of 925.00.
5 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: 930.1956
Top 10 Players’ Selling Average: 931.7404
Bonus Info:
18 out of 48 participants or 37.50% of all participants registered a 100% BUYING activity
2 out of 48 participants or 4.17% of all participants registered a 100% SELLING activity

Ayala Corporation (AC) - True Market Sentiment 1 - 8.30.2019

Int’l Container Terminal Services, Inc.

True Market Sentiment of ICT as of Aug-30-2019 at 03:30PM, with a last price of 135.800.
6 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: 134.8194
Top 10 Players’ Selling Average: 134.6190
Bonus Info:
3 out of 49 participants or 6.12% of all participants registered a 100% BUYING activity
20 out of 49 participants or 40.82% of all participants registered a 100% SELLING activity

Int'l Container Terminal Services (ICT) - True Market Sentiment 1 - 8.30.2019

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About the Author
Jaycee De Guzman is an online business strategist, an equity analyst, an entrepreneur, and a computer scientist by profession. Visit his website at www.jayceedeguzman.com.

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