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 January 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.
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DMC
Market Sentiment Index: BEARISH
34 of the 76 participating brokers, or 44.74% of all participants, registered a positive Net Amount
31 of the 76 participating brokers, or 40.79% of all participants, registered a higher Buying Average than Selling Average
76 Participating Brokers’ Buying Average: ₱10.02738
76 Participating Brokers’ Selling Average: ₱10.05998
9 out of 76 participants, or 11.84% of all participants, registered a 100% BUYING activity
15 out of 76 participants, or 19.74% of all participants, registered a 100% SELLING activity
EMI
Market Sentiment Index: BEARISH
11 of the 30 participating brokers, or 36.67% of all participants, registered a positive Net Amount
17 of the 30 participating brokers, or 56.67% of all participants, registered a higher Buying Average than Selling Average
30 Participating Brokers’ Buying Average: ₱20.87369
30 Participating Brokers’ Selling Average: ₱20.84472
2 out of 30 participants, or 6.67% of all participants, registered a 100% BUYING activity
7 out of 30 participants, or 23.33% of all participants, registered a 100% SELLING activity
GLO
Market Sentiment Index: BEARISH
50 of the 81 participating brokers, or 61.73% of all participants, registered a positive Net Amount
37 of the 81 participating brokers, or 45.68% of all participants, registered a higher Buying Average than Selling Average
81 Participating Brokers’ Buying Average: ₱1735.22178
81 Participating Brokers’ Selling Average: ₱1741.90912
20 out of 81 participants, or 24.69% of all participants, registered a 100% BUYING activity
8 out of 81 participants, or 9.88% of all participants, registered a 100% SELLING activity
GTCAP
Market Sentiment Index: BEARISH
25 of the 85 participating brokers, or 29.41% of all participants, registered a positive Net Amount
25 of the 85 participating brokers, or 29.41% of all participants, registered a higher Buying Average than Selling Average
85 Participating Brokers’ Buying Average: ₱607.28673
85 Participating Brokers’ Selling Average: ₱608.02416
6 out of 85 participants, or 7.06% of all participants, registered a 100% BUYING activity
28 out of 85 participants, or 32.94% of all participants, registered a 100% SELLING activity
ICT
Market Sentiment Index: BEARISH
26 of the 65 participating brokers, or 40.00% of all participants, registered a positive Net Amount
17 of the 65 participating brokers, or 26.15% of all participants, registered a higher Buying Average than Selling Average
65 Participating Brokers’ Buying Average: ₱245.52945
65 Participating Brokers’ Selling Average: ₱248.34726
5 out of 65 participants, or 7.69% of all participants, registered a 100% BUYING activity
10 out of 65 participants, or 15.38% of all participants, registered a 100% SELLING activity
JFC
Market Sentiment Index: BEARISH
20 of the 88 participating brokers, or 22.73% of all participants, registered a positive Net Amount
26 of the 88 participating brokers, or 29.55% of all participants, registered a higher Buying Average than Selling Average
88 Participating Brokers’ Buying Average: ₱258.56663
88 Participating Brokers’ Selling Average: ₱258.92579
3 out of 88 participants, or 3.41% of all participants, registered a 100% BUYING activity
30 out of 88 participants, or 34.09% of all participants, registered a 100% SELLING activity
JGS
Market Sentiment Index: BEARISH
38 of the 75 participating brokers, or 50.67% of all participants, registered a positive Net Amount
28 of the 75 participating brokers, or 37.33% of all participants, registered a higher Buying Average than Selling Average
75 Participating Brokers’ Buying Average: ₱41.01877
75 Participating Brokers’ Selling Average: ₱41.51083
8 out of 75 participants, or 10.67% of all participants, registered a 100% BUYING activity
12 out of 75 participants, or 16.00% of all participants, registered a 100% SELLING activity
LTG
Market Sentiment Index: BULLISH
47 of the 64 participating brokers, or 73.44% of all participants, registered a positive Net Amount
34 of the 64 participating brokers, or 53.13% of all participants, registered a higher Buying Average than Selling Average
64 Participating Brokers’ Buying Average: ₱9.01937
64 Participating Brokers’ Selling Average: ₱9.05711
22 out of 64 participants, or 34.38% of all participants, registered a 100% BUYING activity
5 out of 64 participants, or 7.81% of all participants, registered a 100% SELLING activity
MBT
Market Sentiment Index: BEARISH
25 of the 92 participating brokers, or 27.17% of all participants, registered a positive Net Amount
25 of the 92 participating brokers, or 27.17% of all participants, registered a higher Buying Average than Selling Average
92 Participating Brokers’ Buying Average: ₱54.86268
92 Participating Brokers’ Selling Average: ₱55.12313
4 out of 92 participants, or 4.35% of all participants, registered a 100% BUYING activity
32 out of 92 participants, or 34.78% of all participants, registered a 100% SELLING activity
MER
Market Sentiment Index: BEARISH
33 of the 74 participating brokers, or 44.59% of all participants, registered a positive Net Amount
22 of the 74 participating brokers, or 29.73% of all participants, registered a higher Buying Average than Selling Average
74 Participating Brokers’ Buying Average: ₱387.45497
74 Participating Brokers’ Selling Average: ₱391.93403
10 out of 74 participants, or 13.51% of all participants, registered a 100% BUYING activity
19 out of 74 participants, or 25.68% of all participants, registered a 100% SELLING activity
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