Market Insights: Why Is GENAC On The Decline? – Jan 10, 2020

Welcome to The MoneyMax Market Insight for this week.

Highlights from last week include the continued movement of certain stocks. BPOW, GENAC, ELITE, CAR & VMIL (among others) are all trending at the moment (continuously advancing or declining for a number of weeks continuosly). View the trending stocks below for more information.

It would be interesting to discover why the market turned against GENAC. GENAC, peaked in Oct 2019 (just a few months ago) at $8.27 per share and then suddenly took a decline afterwards. It has been down every week except 2 since then, of the last 10 weeks.

Apologies for the late publication.

The insights for this week are below.

Popular This Week

Most traded stocks this week – ranked based on number of trades.

Company Close Chg $ Chg % Vol
ECL 6.26 -0.39 -5.86% 92.1k
FOSRICH 4.10 -0.38 -8.48% 348.3k
JAMT 7.37 +0.89 +13.73% 7.9m
SELECTF 1.12 0.00 0.00% 29.9m
WIG 0.97 -0.01 -1.02% 40.6m
CAR 8.12 -0.04 -0.49% 154.3k

Best Performers For The Week

These are the stocks whose price increased the most over the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
EPLY7.50 4.60 6.10 +1.50 +32.61%
PJX 7.20 9.00 +1.80 +25.00%
GWEST 1.06 1.25 +0.19 +17.92%
KPREIT 6.87 8.00 +1.13 +16.45%
CAC9.50 0.90 1.03 +0.13 +14.44%

Note: Open and Close prices along with the movements are for the week-to-date.

Worst Performers For The Week

These are the stocks that saw their price fall the sharpest for the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
MEEG 6.43 5.20 -1.23 -19.13%
SALF 36.84 30.00 -6.84 -18.57%
DTL9 2.18 1.80 -0.38 -17.43% 1
PTL 2.10 1.76 -0.34 -16.19%
CAC 15.00 13.00 -2.00 -13.33%

Note: Open and Close prices along with the movements are for the week-to-date.

Best Performers (MTD)

These are the stocks with the highest appreciation in price. Also note the number of highs they’ve hit for the period (a sign of how bullish the market is).

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
EPLY7.50 4.60 6.10 +1.50 +32.61%
GWEST 0.99 1.25 +0.26 +26.26%
PJX 7.20 9.00 +1.80 +25.00%
KPREIT 6.63 8.00 +1.37 +20.66%
DCOVE 9.62 11.49 +1.87 +19.44%

Note: Open and Close prices along with the movements are for the month-to-date.

Worst Performers (MTD)

These are the worst performing stocks (based on price) for the month. If they’ve hit new lows it’s also a sign that the market is willing to drop this stock at lower and lower prices.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
PTL 2.24 1.76 -0.48 -21.43%
MEEG 6.39 5.20 -1.19 -18.62%
DTL9 2.18 1.80 -0.38 -17.43% 1
TTECH 6.52 5.52 -1.00 -15.34%
CAC 15.00 13.00 -2.00 -13.33%

Note: Open and Close prices along with the movements are for the month-to-date.

Most Valuable Companies By Market Capitalization

Market capitalization is the total value of a business as determined by the market.

Main Market

Company Value J$ $ Chg
vs PY
Industry
NCBFG 489.0b +120.5b Banks
SJ 273.7b +119.1b Insurance
SGJ 162.7b -2.8b Banks
PJAM 107.6b +31.8b Diversified Financial Services
KW 86.5b -13.4b Transportation Infrastructure
WISYNCO 79.5b +40.7b Food Products
JMMBGL 76.1b +23.3b Capital Markets

Junior Market

Company Value J$ $ Chg
vs PY
Industry
LASM 18.4b +5.1b Food Products
LASD 11.0b -1.6b Food & Staples Retailing
FTNA 8.7b +4.3b Food & Staples Retailing
AFS 8.3b -4.2b Consumer Finance
GENAC 6.7b +2.8b Insurance
KEX 5.3b -1.2b Road & Rail
LASF 5.3b -270.2m Consumer Finance

Top Dividend Stocks

The best stocks for dividends. Stocks with the highest yield and payment frequency.

Company Yield $ Amt
Paid
CCY
CAR 8.25% 0.6700 JMD
Proven 4.03% 0.0129 USD
EPLY 3.14% 0.4716 JMD
SVL 3.02% 0.7700 JMD
GK 2.05% 1.5500 JMD

Based on historical (ordinary) dividends paid over the last 12 months, and the current price. Yield/$ Amt paid does not include special dividends.

Other Top Dividend Stocks

Stocks with good yields but making less frequent payments

Company Yield $ Amt
Paid
How
Often
CCY
1834 6.96% 0.0800 1 JMD
MPCCEL 5.71% 0.0890 1 USD
GENAC 4.39% 0.2839 2 JMD
MTL 4.17% 0.0150 1 USD
SML 4.05% 0.2427 2 JMD

Look at how often the payment is made and also consider if they have done it in prior years, or did it for special reasons.

Bid-Ask Spreads

Bids > Close Price. Bullish

These stocks are expected to appreciate in price. There is strong demand (smaller spreads) and bid and asks are above the previous close. Bid-ask spreads indicate demand and supply / market liquidity. Bid represents demand and ask supply.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
PURITY 1.69 1.85 1.90 0.05 +2.70% +9.47% +12.43%
SCIUSD 0.14 0.15 0.18 0.03 +20.00% +7.14% +28.57%
Proven 0.32 0.34 0.35 0.01 +2.94% +6.25% +9.38%
WISYNCO 21.19 21.98 22.38 0.40 +1.82% +3.82% +5.71%
DCOVE 11.49 11.84 11.93 0.09 +0.76% +3.57% +4.35%
MDS 6.78 7.00 7.59 0.59 +8.43% +3.24% +11.95%
JMMBGL 46.67 48.15 48.54 0.39 +0.81% +2.85% +3.69%

A small spread exists when a stock is being actively traded and has high volume – this is normally prefered as it allows orders to be filled quickly at the prices we want.

Bids < / = Close Price. Bearish

These stocks have bids (and possibly asks) below the latest close price. These tend to be stocks with low volumes and/or wider spreads. Small or unknown companies frequently exhibit lower trading volume because fewer investors are interested in relatively unknown firms.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
ISP 29.00 15.00 29.50 14.50 +96.67% -48.28% +1.72%
SILUS 0.03 0.02 0.03 0.01 +50.00% -33.33% 0.00%
CFF 15.00 10.10 17.00 6.90 +68.32% -32.67% +13.33%
SSLVC 1.31 1.07 1.34 0.27 +25.23% -18.32% +2.29%
BPOW 5.00 4.10 5.00 0.90 +21.95% -18.00% 0.00%
EPLY7.50 6.10 5.29 6.10 0.81 +15.31% -13.28% 0.00%
ROC 4.00 3.50 4.00 0.50 +14.29% -12.50% 0.00%

Large bid-ask spreads on illiquid shares are also used by market makers to compensate themselves for assuming the risk of holding low-volume securities. A wide spread represents a higher premium for market makers.

Trending Stocks

Stocks seeing consecutive increases or decreases in prices and/or volume. Keep an eye on these stocks, especially the ones moving based on recent news.

Uptrending Prices. Consecutive price increases

Weekly Trends (Advancing)

The candlestick charts are a good way to explore these. Select a company and select a long enough range (like 1 year) and the bars will be summarized in weekly periods.

Uptrending Volumes. Consecutive volume increases

Downtrending Prices. Consecutive price decrease

Weekly Trends (Declining)

The candlestick charts are a good way to explore these. Select a company and select a long enough range (like 1 year) and the bars will be summarized in weekly periods.

Raging Bulls
(Top performers YTD)
Excluding new listings

Stocks with the highest gain in price YTD. Note the number of highs they’ve also hit since the start of the year

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
EPLY7.50 4.60 6.10 +1.50 +32.61%
GWEST 0.99 1.25 +0.26 +26.26%
PJX 7.20 9.00 +1.80 +25.00%
KPREIT 6.63 8.00 +1.37 +20.66%
DCOVE 9.62 11.49 +1.87 +19.44%
JAMT 6.27 7.37 +1.10 +17.54%
SSLVC 1.14 1.31 +0.17 +14.91% 1

Note: As stocks start to rise, there can be more and more greed in the stock market. You see more and more people thinking, ‘Oh yeah let’s put money on that stock because it’s going up.’ Watch out for that.

YTD Bears
(Worst performers)
Excluding new listings

Stocks losing the most value since the start of the year. Note the number of lows they’ve hit for the period as well

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
PTL 2.24 1.76 -0.48 -21.43%
MEEG 6.39 5.20 -1.19 -18.62%
DTL9 2.18 1.80 -0.38 -17.43% 1
TTECH 6.52 5.52 -1.00 -15.34%
CAC 15.00 13.00 -2.00 -13.33%
AFS 34.47 30.40 -4.07 -11.81%
SALF 33.62 30.00 -3.62 -10.77%

Note: Being ‘bearish’ is a sign of pessimism – thinking a stock is going to lose value. ‘Bearish’ investors, therefore, are likely to sell. In some cases (with research) you can take advantage of fear and greed – buying when there’s fear.

About The MoneyMax Market Insight – This is a compilation of stats and tips on the market. Each week we will highlight the best performing, trending & top ranked stocks and more – giving our members tips on what has been perfoming well and what to look forward to.

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