I’m sharing with you the intraday Market Sentiment Index rating for JFC, JGS, LTG, MBT, and MER as of March 14, 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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JFC
Market Sentiment Index: BEARISH
10 of the 28 participating brokers, or 35.71% of all participants, registered a positive Net Amount
12 of the 28 participating brokers, or 42.86% of all participants, registered a higher Buying Average than Selling Average
28 Participating Brokers’ Buying Average: ₱266.47442
28 Participating Brokers’ Selling Average: ₱266.56690
1 out of 28 participants, or 3.57% of all participants, registered a 100% BUYING activity
8 out of 28 participants, or 28.57% of all participants, registered a 100% SELLING activity
JGS
Market Sentiment Index: BULLISH
14 of the 23 participating brokers, or 60.87% of all participants, registered a positive Net Amount
12 of the 23 participating brokers, or 52.17% of all participants, registered a higher Buying Average than Selling Average
23 Participating Brokers’ Buying Average: ₱39.94347
23 Participating Brokers’ Selling Average: ₱40.04300
8 out of 23 participants, or 34.78% of all participants, registered a 100% BUYING activity
3 out of 23 participants, or 13.04% of all participants, registered a 100% SELLING activity
LTG
Market Sentiment Index: BULLISH
15 of the 25 participating brokers, or 60.00% of all participants, registered a positive Net Amount
13 of the 25 participating brokers, or 52.00% of all participants, registered a higher Buying Average than Selling Average
25 Participating Brokers’ Buying Average: ₱9.88296
25 Participating Brokers’ Selling Average: ₱9.90696
8 out of 25 participants, or 32.00% of all participants, registered a 100% BUYING activity
4 out of 25 participants, or 16.00% of all participants, registered a 100% SELLING activity
MBT
Market Sentiment Index: BEARISH
10 of the 22 participating brokers, or 45.45% of all participants, registered a positive Net Amount
9 of the 22 participating brokers, or 40.91% of all participants, registered a higher Buying Average than Selling Average
22 Participating Brokers’ Buying Average: ₱62.64806
22 Participating Brokers’ Selling Average: ₱62.64413
5 out of 22 participants, or 22.73% of all participants, registered a 100% BUYING activity
4 out of 22 participants, or 18.18% of all participants, registered a 100% SELLING activity
MER
Market Sentiment Index: BULLISH
14 of the 23 participating brokers, or 60.87% of all participants, registered a positive Net Amount
14 of the 23 participating brokers, or 60.87% of all participants, registered a higher Buying Average than Selling Average
23 Participating Brokers’ Buying Average: ₱364.18635
23 Participating Brokers’ Selling Average: ₱364.38707
10 out of 23 participants, or 43.48% of all participants, registered a 100% BUYING activity
6 out of 23 participants, or 26.09% of all participants, registered a 100% SELLING activity
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