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 February 6, 2017  Data)

Total Traded Value –  PhP  8.217 Billion – Medium

Advances Declines Ratio – (Ideal is 2:1)   97 Advances vs. 91 Declines   = 1.07:1  Neutral

Total Foreign Buying – PhP 4.959  Billion

Total Foreign Selling – (PhP  5.332  Billion)

Net Foreign Buying (Selling) – (PhP  0.373  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

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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Stocks track Wall Street higher on US jobs data

Posted on February 07, 2017

LOCAL STOCKS finished slightly higher on Monday amid positive external factors after sliding for four straight days on a spate of negative news that hammered a number of issues, specifically mining stocks.

The Philippine Stock Exchange index gained 0.93% or 67.70 points to close at 7,294.40. The all-shares index also advanced by 0.51% or 22.57 points to 4,397.60.

“Philippine markets got off to a green start,” said Luis A. Limlingan, business development head at Regina Capital Development Corp., citing the gains of the Dow Jones Industrial Average and the Nasdaq Composite Index.

Mr. Limlingan said the Dow reclaimed 20,000 as it gained by 186.55 points or a rise of 0.90% to finish at 20,071.46. Nasdaq climbed by 0.50% to close at fresh record high. He said the positive outcome came after US President Donald Trump signed an executive order to scale back the 2010 Dodd-Frank financial overhaul law.

“A mixed January jobs report — one that delivered stronger than expected payroll additions but also tepid wage growth, which brought into question the possibility that the FOMC (Federal Open Market Committee) may not tighten policy next month — also provided a tailwind for stocks,” he said.

Mr. Limlingan added that the surprise increase in interest rates by the People’s Bank of China “had little effect in overall market as the aim to soak up liquidity will help bring some sense into the recent sharp run-up in highly leveraged sectors.”

Sectoral indices finished in positive territory except for the mining and oil counter which lost another 0.28% or 33.56 points to end the session at 11,881.59.

Meanwhile, the property subindex was the biggest gainer at 1.87% or 61.74 points to 3,348.88. Industrial stocks followed with a 0.77% increase or 85.33 points to 11,170.26; holding firms gained 0.58% or 42.81 points to 7,377.62; financials went up 0.34% or 6.16 points to 1,769.26; and services climbed 0.23% or 3.40 points to end at 1,425.02.

Trading value improved to P8.22 billion from the P5.67 billion seen on Friday, with 3.61 billion stocks changing hands.

Advancers outnumbered decliners, 97 to 91, while 48 issues ended flat.

Foreign investors, however, sold more stocks than they bought, resulting in a net foreign selling worth P373.20 million, a reversal of Friday’s net purchases of P52.65 million.

Analysts said the market still has a potential to rise in the coming days.

“We have not turned bearish on the market. It is still a bull but only in the sense that it hasn’t been able to ‘enter’ into bear territory,” A&A Securities, Inc. said in its trading post for this week.

Most Southeast Asian stock markets likewise edged higher on Monday, with prospects of a rate hike next month by the US Federal Reserve dimming as data showed wages barely rose, softening the dollar and lending support to emerging markets. — Victor V. Saulon with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-track-wall-street-higher-on-us-jobs-data&id=140204
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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/.

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.

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