Top Ten Smart Money Moves – February 3, 2020

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.

================================

As promised in my last post, Back from the Hack, we are resuming all our activities both in our website and Facebook starting August 1, 2019.

This section of our website has been running for the past five years. Perhaps you are asking, why Top Ten Smart Money Moves? This is what I have written in my new book: “Swing Trading with TRT – A Definitive Guide for Swing Trading the Philippine Stock Market.”

“SMART MONEY

The PSE achieved a milestone by the end of the year 2018 when they reported that the number of stock market accounts broke past the one million mark as a result of the substantial increase in online accounts.

Retail investors owned most of the stock market accounts, representing 97.5% of the total accounts while the remaining 2.5% is held by the institutional investors also considered as smart money.

While we, the retail traders, are big in number, we are small in terms of influence in the stock market because more than 50% of the Total Traded Value Daily is accounted for the institutional investors whose transactions are focused mostly on a handful of their selected stocks.

In our Website, we have a regular feature “Top Ten Smart Money Moves” where we monitor the Top Ten stocks being bought and sold by the smart money.

========================================================

Trading Notes for Today – (Based on February 3, 2020 Data)

Total Traded Value – PhP 5.871   Billion – Low
Advances Declines – (Ideal is 2:1) 73 Advances vs. 129  Declines = 1.77:1 Neutral
Total Foreign Buying  PhP 2.694  Billion
Total Foreign Selling – (PhP 2.983)  Billion
Net Foreign Buying (Selling) – (PhP 0.289)  Billion – 5th day of Net Foreign Selling after a day of Net Foreign Buying

Screenshot courtesy of PSE.com.ph

PSE HEAT MAP

PSE HEAT MAP _20200203

Screenshot courtesy of PSEGET

Top Ten Foreign Buying and Selling

FBS_20200203

Top Ten in Total Traded Value

TTV_20200203

Top Ten Gainers and Losers

TTGL_20200203

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

==================================================

PSEi sinks to 7,100 level on increasing concern

By Denise A. Valdez, Reporter

THE MAIN INDEX sank to the 7,100 level on Monday as it continued to take a hit from the novel coronavirus scare.

The Philippine Stock Exchange index (PSEi) lost 63.76 points or 0.88% to retreat at 7,137.03 on Monday. The broader all shares index also gave up 35.38 points or 0.82% to end at 4,256.83.

“Philippine stocks fell sharply as investors grew increasingly worried about the potential economic impact of China’s fast-spreading coronavirus,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a mobile message.

The Health department said yesterday it was studying 80 persons for possible infection to the novel coronavirus, a day after it announced the death of a Chinese man in Manila who tested positive for the disease.

Of the 80 cases, it said two already tested positive, 30 tested negative and 48 were pending results. The two that tested positive are the 44-year-old Chinese man reported dead on Sunday and the 38-year-old Chinese woman reported as the first confirmed coronavirus case in country last week.

Across the globe, the virus has killed more than 360 people and infected 17,384 people as of Monday, where 361 of the deaths and 17,205 of the confirmed cases are in mainland China, CNN reported yesterday.

In China, some local authorities decided to defer the resumption of work yesterday after an extended Lunar Holiday break to help limit the spread of the virus. China’s CSI 300 and Shanghai SE Composite indices, which both reopened after more than a week-long break on Monday, dropped 7.88% and 7.72%, respectively.

Back home, five of six sectoral indices ended lower on Monday. Mining and oil erased 332.15 points or 4.33% to 7,331.11; financials lost 36.12 points or 2.09% to 1,688.81; property shaved off 45.52 points or 1.18% to 3,793.22; services dropped 5.84 points or 0.39% to 1,469.32; and holding firms decreased 25.57 points or 0.37% to 6,874.74.

The only gaining sub-sector was industrials, which added 44.78 points or 0.50% to 8,966.22.

“While index heavyweights dragged the market today, a few non-index stocks gained double digits as market participants focused on second and third liner issues,” Timson Securities, Inc. Trader Darren T. Pangan said in a text message on Monday.
Some of the top gainers yesterday were SFA Semicon Philippines Corp. (+50%), Ionics, Inc. (+42.37%), Cirtek Holdings Philippines Corp. (+23.60%), Alliance Select Foods International, Inc. (+13.73%) and Jackstones, Inc. (+13.64%).
Value turnover on Monday stood at P5.87 billion with 833.36 million issues changing hands. This is lower than previous session’s P8.30 billion worth of 2.89 billion issues.

Decliners beat advancers, 129 to 73, while 39 names ended unchanged.

Foreign investors remained sellers on Monday, but net selling was trimmed to P289.06 million from Friday’s P1.70 billion.

Souce: https://www.bworldonline.com/psei-sinks-to-7100-level-on-increasing-concern/

=====================================================
In line with our VISION, A RESPONSIBLE TRADER 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. We have successfully launched “Swing Trading with TRT – a Definitive Guide for Swing Trading the Philippine Stock Market” last September 2, 2019. This book is the second in our Responsible Trader Education Series.

You can download Chapter 1 and see the Table of Contents here: https://drive.google.com/file/d/1NZEABnQMiQ_zenEMs0lPFWweX4WBxBHg/view?usp=sharing

 

TRT-Book2-Swing Trading with TRT-Cover-Final

The first book, “The Responsible Trader – a Thinking Person’s Guide for Trading the Philippine Stock Market” provided all the basic knowledge that a trader needs to know in order to trade the Philippine Stock Market effectively and efficiently. The first book is about the basics. This second book is about the specifics.

 

2. 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.

Book Cover

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.


Central Book Supply (2)

Book may also be obtained thru the branches of our publisher, Central Book Supply as follows:
• Quezon City (Main Branch): 927 Quezon Ave., Quezon City
(TEL. 372-35-50)
• SM MEGAMALL: 5th Level Bldg. A, SM Megamall, Ortigas Center, Mandaluyong City
(TEL. 638-10-88)
• C.M. RECTO AVENUE: Ever Gotesco, Manila Plaza Mall
• LYCEUM MAKATI: 109 SDC Building Leviste St., Brgy. Bel Air Makati, Manila
(TEL: (632) 887-52-45

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


The Respponsible _Website

4. 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)


The Respponsible Trader_YouTube

5. 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)


The Respponsible Trader_Slideshare

===================================================

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.

Leave a Reply

Your email address will not be published. Required fields are marked *