The Responsible Trader

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 5, 2018 Data)

Total Traded Value – PhP 5.853 Billion – Low
Advances Declines – (Ideal is 2:1) 104 Declines vs. 82 Advances = 1.27:1 Neutral
Total Foreign Buying  PhP 2.791 Billion
Total Foreign Selling – (PhP 3.00) Billion
Net Foreign Buying (Selling)  (PhP 0.211)  Billion – first day of  Net Foreign Selling after a day of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of: www.pse.com.ph

PSE HEAT MAP

Screenshot courtesy of PSEGET

Top Ten Foreign Buying and Selling

Top Ten in Total Traded Value

Top Ten Gainers and Losers

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

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Shares rebound despite faster March inflation

April 5, 2018 | 7:17 pm

By Arra B. Francia, Reporter

LOCAL EQUITIES firmed up on Thursday despite faster inflation recorded in March.

The bellwether Philippine Stock Exchange index (PSEi) gained 0.30% or 24.49 points to close at 8,022.16.

The broader all-shares index also edged higher by 0.13% or 6.42 points to finish at 4,864.45.

“Philippine markets closed on a slightly positive despite the higher-then-expected inflation, the sudden closure of Boracay, and issues surrounding contractualization,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

The Philippine Statistics Authority reported on Thursday that prices of basic goods and services accelerated by 4.3% in March, beyond the Bangko Sentral ng Pilipinas (BSP)’s 2-4% target. Price increases were noted in food and non-alcohol beverages, alcoholic beverages and tobacco, among others.

This brought first quarter’s average inflation to 3.8%, toward the higher end of the BSP target.

“So far, the PSEi has been struggling to find support above 8,000 as local inflation rose beyond the general consensus. This may scare off investors because this rapid rise may be indicative of an overheating economy,” Timson Securities, Inc. equity trader Jervin S. de Celis said in a mobile phone message.

Mr. De Celis said the index may just be resting from its decline, but noted that it may further drop to the 7,500 to 7,700 level this quarter.

The Department of Labor and Employment’s order on Jollibee Foods Corp. to regularize around 7,000 employees also continued to weigh down prices of its shares, losing 1.75% to P280 each. JFC said it is talking with the labor department on the matter.

Sectoral indices were equally split between losers and advancers today, April 5.

The holding firms counter led the day’s gainers, adding 0.63% or 50.41 points to close at 8,031.02. Financials rose 0.24% or 4.92 points to 2,049.83, while property climbed 0.23% or 8.67 points to 3,696.21.

Mining and oil meanwhile gave up 1.75% or 200.22 points to 11,237.91. Services shed 0.28% or 4.66 points to 1,653.81, and industrials dropped 0.13% or 14.7 points to 11,295.39.

Trading thinned to P5.77 billion today from Wednesday’s P6.11 billion after some 4.02 billion issues switched hands.

Decliners beat advancers, 104 to 82, while 55 issues closed flat.

Foreign investors were back in selling territory, recording net sales of P211.64 million, against net inflows of P57.46 million on Wednesday.

Overseas, the Dow Jones Industrial Average gained 0.96% or 230.94 points to 24,264.30. The S&P 500 index gained 1.16% or 30.24 points to 2,644.69, while the Nasdaq Composite index climbed 1.45% or 100.83 points to 7,042.11.
Most Asian indices also posted an uptick today, tracking the upward movement of their international counterparts.

Source: http://bworldonline.com/shares-rebound-despite-faster-march-inflation/

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In line with our VISION, A RESPONSIBLE IN EVERY FILIPINOS HOME, 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: http://theresponsibletrader.com/the-responsible-trader-hope-for-trading-knowledge-test/. For those interested in the hard copy, please send email to: ninjatrader919@gmail.com Subject: The Responsible Trader – Hard Copy.

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: ninjatrader19@gmail.com Subject: The Responsible Trader – eBook Version.

The book can also be ordered online through our publisher, Central Book Supply. Just go to: http://central.com.ph/bookstoreplus then click Search – The Responsible Trader.

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

3. The YouTube Channel: https://www.youtube.com/theresponsibletrader – 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)

4. My Slideshare: http://www.slideshare.net/TheResponsibleTrader – 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.

Starting with August 11, 2017 data we are including the Top Ten Gainers and Losers for a more comprehensive coverage of significant stock movements during the day.