Top Ten Smart Money Moves – April 20, 2017

Smart Money Moves_Final

Top Ten Smart Money Moves, starting January 2015, is the official trading newsletter of The Responsible Trader to promote his advocacy, Responsible Trading. This newsletter contains the previous day’s data from PSE, the Top Ten Foreign Buying and Selling, Top Ten in Total Traded Value, including Trading Notes based on the data of the previous day. This newsletter is given free to all the friends of The Responsible Trader and to members of the Facebook group and the other organizations where he is a member. For the previous issue where complete details about the newsletter was fully discussed, please refer to: Daily Top Tens October 17, 2014.


Trading Notes for Today –  (Based on April 20, 2017  Data)

Total Traded Value –  PhP  5.941  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)  96 Declines vs. 94 Advances = 1.02:1  Neutral

Total Foreign Buying – PhP 2.891  Billion

Total Foreign Selling – (PhP  3.232  Billion)

Net Foreign Buying (Selling) – (PhP 0.341  Billion) – 4th day of Net Foreign Selling after 9 days of Net Foreign Buying


Data from the Philippine Stock Exchange


Screenshot courtesy of:


PSE Heat Map_20170420

Screenshot courtesy of PSEGET

Top Ten Foreign Buying and Selling


Top Ten in Total Traded Value


From now on, I will just quote the related article from Business World so that we will have everything in one piece:


Local stocks climb as investors pick up bargains

Posted on April 21, 2017

LOCAL EQUITIES climbed on Thursday as traders took advantage of Wednesday’s slump and went bargain hunting.

The 30-member Philippine Stock Exchange index (PSEi) rose 0.53% or 40.47 points to close at 7,563.45.

The broader all-shares index likewise went up 0.42% or 19.14 points to settle at 4,521.21.

“The market closed up 40 points after being down in early morning trade. It looks like the bulls went bargain hunting from yesterday’s low and pushed the market up today,” PNB Securities President Manuel Antonio G. Lisbona said on Thursday

The bellwether PSEi had been trading sideways in the start of the week as traders failed to find positive leads to prompt any movement.

“Philippine market closed higher as the probability of a June rate hike is now below 50% and with new information on the latest release of the Beige Book,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.


The US Federal Reserve released the Beige Book on Wednesday, which contains a summary of the country’s economic conditions. The report said the US economy expanded at a modest-to-moderate pace between mid-February and the end of March, but inflation pressures remained in check despite more difficulties in attracting and retaining workers.

“On balance, prices rose modestly,” the US central bank said in its periodic gauge of the health of the economy derived from surveying business contacts nationwide.

Firms mostly expected price growth to be mild to moderate over the coming months, the Fed added.

The Fed raised its benchmark interest rate in March for the second time in three months and many policy makers appear bullish on the prospects of more tightening this year with the nation near full employment and inflation slowly rising.

Four sectoral counters were up, with industrials and holding firms leading the gains rising by 0.83% apiece to 11,278.36 and 7,667.87, respectively. The property sector also went up by 0.51% or 17.02 points to 3,309.66 and financials inched up by 0.31% or 5.88 points to 1,880.11.

In contrast, the services counter dipped 0.15% or 2.41 points to 1,567.77 while mining and oil closed at 11,987.08, lower by 0.14% or 17.03 points.

A total of 1 billion issues changed hands, accounting for a value turnover of P5.94 billion, up from the previous day’s P5.56 billion. This number, however, is still on the thin side, PNB Securities’ Mr. Lisbona said.

Decliners narrowly beat advancers, 96 to 94, as 43 issues remained unchanged.

Foreigners continued to sell their stocks, as net outflows increased to P341.10 billion from Wednesday’s P306.71 billion.

“Support level for the market is at 7,476, but [we] would like to see the gap between 7,456 and 7,476 covered sooner rather than later,” Mr. Lisbona said. — A.B. Francia with Reuters

We aim to continue promoting financial literacy on the area of stock market trading and investing to our countrymen both here and abroad through the following:

1. The Book: “The Responsible Trader – a Thinking Person’s Guide for Trading the Philippine Stock Market” now earned the name “The Bible of Philippine Trading.” You can download Chapter 1, Section 1 of the book here:

As requested by those abroad and those who want the book in digital form, we have produced an eBook version. For those interested please send email to: Subject: The Responsible Trader – eBook Version.

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2. The Website: : where we publish our daily newsletter Top Ten Smart Money Moves, Stock Trading Lessons, and Inspirational Materials. (FREE)

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3. The YouTube Channel: – where you can learn the course “Master’s Certificate in Technical Analysis” which was simplified in an easily understood manner. You can download these videos and learn them at your own convenient time. (FREE)

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4. My Slideshare: – where you can view and download copy of the Powerpoint Presentation of my TRT-POV (The Responsible Trader’s Point of View) of the videos posted in our Youtube Channel. (FREE)

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Good luck on all your TRADES today.

DISCLAIMER There is a very high degree of risk involved in TRADING. Past results are not indicative of future returns. Nothing contained in this newsletter constitutes a solicitation, recommendation, PROMOTION or endorsement of any security. In accordance with the Responsible TRADER’s Creed: I will never tell and you take full responsibility for all your TRADING results

NOTES: Please take note of the following changes effective August 6, 2015: 1. Caption Market Breadth has been changed to Total Traded Value to simplify the presentation. 2. Market Breadth is expressed in terms of Number of Advances and Declines. Expressing this as a Ratio by using the larger number as Numerator we derive the Market Sentiment whether Bullish or Bearish. 3. Based on Past three-year data of Average Total Traded Values, following classifications will be used to make the presentation more relevant to present times. a. Low – Total Traded Value less than PhP 8 Billion b. Medium – Total Traded Value Php 8 Billion but not more than P15 Billion c. High – Total Traded Value more than Php 15 Billion

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