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 9, 2017  Data)

Total Traded Value –  PhP  6.687 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   97 Advances vs. 95 Declines   = 1.02:1  Neutral

Total Foreign Buying – PhP 3.180  Billion

Total Foreign Selling – (PhP  3.800  Billion)

Net Foreign Buying (Selling) – (PhP  0.620  Billion) – 4th 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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PHL stocks climb anew ahead of earnings season

Posted on February 10, 2017

LOCAL EQUITIES posted some gains on Thursday as investors bought shares ahead of the fourth-quarter earnings season, which starts this month.

The Philippine Stock Exchange index (PSEi) rose by 0.24% or 17.84 points to 7,252.66, while the all-shares index increased by 0.33% or 14.53 points to finish at 4,394.08.

“The index was traded with an upwards bias today as investors bought in anticipation of more earnings results our during the next few trading days,” said Luis A. Limlingan, business development head at Regina Capital Development Corp.

Mr. Limlingan said there was added speculation that the Bangko Sentral ng Pilipinas (BSP) would keep rates untouched at its policy meeting yesterday.

“We expect the BSP to start to normalize policy by hiking policy rates twice (25 basis points each time) this year beginning in the second quarter,” he said.

“First, most output gap measures currently indicate an economy that is operating at or slightly above potential. In 2017, as robust growth pushes activity further above potential levels, we expect core inflationary pressures to increase,” he said.

“Sequential increases in food and energy prices and an erosion of base effects should also contribute to pushing headline inflation back towards the center of the BSP’s inflation target band (2% to 4%),” he added. “Second, we expect the Fed[eral Reseve] to hike rates three times in 2017, a faster pace than is currently priced by markets.”

Mining and oil stocks were among the biggest gainers as the sectoral index jumped by 1.98% or 238.05 points to close at 12,209.90.

For A&A Securities, Inc., the “real tragedy” in mining is not the issuance of order of suspension and closure on the miners, including those listed in the exchange. “Rather, it is the lack of further information on the bases of the order/s. To date, those affected by the DENR (Department of Environment and Natural Resources) issuance have yet to receive copies of the order.”

“The dilemma this gives rise to is that we do not know which among these counters have the potential to continue as a feasible business and which, sadly, cannot.”

The services counter followed with a gain of 1.01% or 14.40 points to 1,428.79. Financials rose by 0.75% or 13.25 points to 1,766.04, while property went up by 0.56% or 18.72 points to 3,325.63.

On the other hand, industrials declined by 0.69% or 77.18 points to 11,050.55 and the holding firms counter slipped by 0.19% or 14.39 points to 7,348.06.

More issues advanced on Thursday, outpacing decliners at 97 to 95, while 42 shares closed unchanged.

Value turnover went up to P6.69 billion on Thursday from the previous day’s P6.48 billion as 5.76 billion shares changed hands.

Foreign investors continued to sell shares more than they bought, with net selling amounting to P619.99 million yesterday, nearly three times Wednesday’s P222.09-million net outflow. — Victor V. Saulon

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=phl-stocks-climb-anew-ahead-of-earnings-season&id=140459
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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