MTD Market Sentiment (2.15.2024): DMC, EMI, GLO, GTCAP, ICT, JFC, JGS, LTG, MBT, MER

I’m sharing with you the month-to-date Market Sentiment Index rating for DMC, EMI, GLO, GTCAP, ICT, JFC, JGS, LTG, MBT, and MER as of February 15, 2024.

The Market Sentiment Index indicator discussed in this report is my proprietary creation, and I am the sole authority on its methodology for determining bearish and bullish ratings, as well as the specific criteria it considers.

The market sentiment helps me estimate if the prevailing direction of the share price is likely to continue or reverse.

For example, if the stock is in a downtrend and the prevailing market sentiment is bearish, it means the downtrend is likely to continue.

If the stock is in a downtrend, but the market sentiment turns bullish, it’s a sign that investors might see a bullish reversal.

Again, and again, notice the adverbs I’m using – “likely” and “might”. We’re still talking about probabilities and not certainties.

Still, it’s better to be data-driven and be proven wrong by the market than make decisions based on gut feeling alone. The former gives you the opportunity to optimize something while the latter doesn’t.

This brief explanation of what and how my Market Sentiment Index works cannot paint the entire picture. You can only appreciate it fully if you understand the principles behind it. If your portfolio’s size is more than P1 million, you may consider enrolling yourself to my online one-on-one masterclass. For four straight hours, I’ll teach you my entire stock investment strategy so you’ll know how I preserve my capital, protect gains, and prevent unbearable losses.

If you want to access my members-only stock analysis, register here.

If you want to access my members-only stock screener, register here.

DMC

Market Sentiment Index: BEARISH
22 of the 75 participating brokers, or 29.33% of all participants, registered a positive Net Amount
23 of the 75 participating brokers, or 30.67% of all participants, registered a higher Buying Average than Selling Average
75 Participating Brokers’ Buying Average: ₱10.94528
75 Participating Brokers’ Selling Average: ₱10.97748
5 out of 75 participants, or 6.67% of all participants, registered a 100% BUYING activity
19 out of 75 participants, or 25.33% of all participants, registered a 100% SELLING activity

EMI

Market Sentiment Index: BEARISH
15 of the 34 participating brokers, or 44.12% of all participants, registered a positive Net Amount
15 of the 34 participating brokers, or 44.12% of all participants, registered a higher Buying Average than Selling Average
34 Participating Brokers’ Buying Average: ₱20.56800
34 Participating Brokers’ Selling Average: ₱20.54594
5 out of 34 participants, or 14.71% of all participants, registered a 100% BUYING activity
9 out of 34 participants, or 26.47% of all participants, registered a 100% SELLING activity

GLO

Market Sentiment Index: BEARISH
31 of the 74 participating brokers, or 41.89% of all participants, registered a positive Net Amount
28 of the 74 participating brokers, or 37.84% of all participants, registered a higher Buying Average than Selling Average
74 Participating Brokers’ Buying Average: ₱1744.52427
74 Participating Brokers’ Selling Average: ₱1750.66630
11 out of 74 participants, or 14.86% of all participants, registered a 100% BUYING activity
12 out of 74 participants, or 16.22% of all participants, registered a 100% SELLING activity

GTCAP

Market Sentiment Index: BEARISH
20 of the 88 participating brokers, or 22.73% of all participants, registered a positive Net Amount
25 of the 88 participating brokers, or 28.41% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱689.21779
88 Participating Brokers’ Selling Average: ₱691.80592
6 out of 88 participants, or 6.82% of all participants, registered a 100% BUYING activity
35 out of 88 participants, or 39.77% of all participants, registered a 100% SELLING activity

ICT

Market Sentiment Index: BEARISH
17 of the 79 participating brokers, or 21.52% of all participants, registered a positive Net Amount
26 of the 79 participating brokers, or 32.91% of all participants, registered a higher Buying Average than Selling Average
79 Participating Brokers’ Buying Average: ₱264.09727
79 Participating Brokers’ Selling Average: ₱265.10904
1 out of 79 participants, or 1.27% of all participants, registered a 100% BUYING activity
24 out of 79 participants, or 30.38% of all participants, registered a 100% SELLING activity

JFC

Market Sentiment Index: BEARISH
41 of the 79 participating brokers, or 51.90% of all participants, registered a positive Net Amount
27 of the 79 participating brokers, or 34.18% of all participants, registered a higher Buying Average than Selling Average
79 Participating Brokers’ Buying Average: ₱258.72892
79 Participating Brokers’ Selling Average: ₱260.18678
8 out of 79 participants, or 10.13% of all participants, registered a 100% BUYING activity
10 out of 79 participants, or 12.66% of all participants, registered a 100% SELLING activity

JGS

Market Sentiment Index: BEARISH
24 of the 69 participating brokers, or 34.78% of all participants, registered a positive Net Amount
31 of the 69 participating brokers, or 44.93% of all participants, registered a higher Buying Average than Selling Average
69 Participating Brokers’ Buying Average: ₱39.69347
69 Participating Brokers’ Selling Average: ₱39.78253
7 out of 69 participants, or 10.14% of all participants, registered a 100% BUYING activity
13 out of 69 participants, or 18.84% of all participants, registered a 100% SELLING activity

LTG

Market Sentiment Index: BEARISH
25 of the 68 participating brokers, or 36.76% of all participants, registered a positive Net Amount
27 of the 68 participating brokers, or 39.71% of all participants, registered a higher Buying Average than Selling Average
68 Participating Brokers’ Buying Average: ₱9.62663
68 Participating Brokers’ Selling Average: ₱9.66242
8 out of 68 participants, or 11.76% of all participants, registered a 100% BUYING activity
18 out of 68 participants, or 26.47% of all participants, registered a 100% SELLING activity

MBT

Market Sentiment Index: BEARISH
32 of the 89 participating brokers, or 35.96% of all participants, registered a positive Net Amount
24 of the 89 participating brokers, or 26.97% of all participants, registered a higher Buying Average than Selling Average
89 Participating Brokers’ Buying Average: ₱58.00678
89 Participating Brokers’ Selling Average: ₱58.61339
6 out of 89 participants, or 6.74% of all participants, registered a 100% BUYING activity
16 out of 89 participants, or 17.98% of all participants, registered a 100% SELLING activity

MER

Market Sentiment Index: BEARISH
47 of the 83 participating brokers, or 56.63% of all participants, registered a positive Net Amount
31 of the 83 participating brokers, or 37.35% of all participants, registered a higher Buying Average than Selling Average
83 Participating Brokers’ Buying Average: ₱361.88519
83 Participating Brokers’ Selling Average: ₱364.65760
16 out of 83 participants, or 19.28% of all participants, registered a 100% BUYING activity
9 out of 83 participants, or 10.84% of all participants, registered a 100% SELLING activity

###

Author
Recent Posts

Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

Latest posts by Jaycee De Guzman (see all)