Top Ten Smart Money Moves – January 30, 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 January 30, 2017  Data)

Total Traded Value –  PhP  4.036 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   94 Declines vs.   89 Advances = 1.06:1  Neutral

Total Foreign Buying – PhP 1.859  Billion

Total Foreign Selling – (PhP  1.625  Billion)

Net Foreign Buying (Selling) – PhP  0.234  Billion – 2nd day of Net Foreign Buying after 4 days of Net Foreign Selling

 

 

        

Data from the Philippine Stock Exchange

PSE_20170130

Screenshot courtesy of: www.pse.com.ph

PSE HEAT MAP

PSE Heat Map_20170130

Screenshot courtesy of PSEGET

Top Ten Foreign Buying and Selling

FBS_20170130

Top Ten in Total Traded Value

TTV_20170130

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 almost unchanged as market seeks leads

Posted on January 31, 2017

LOCAL STOCKS barely moved as the market opened the week, as trading remained subdued amid the celebration of the Chinese New Year while policy uncertainties in the United States dampened sentiment.

The benchmark Philippine Stock Exchange index (PSEi) settled at its intraday low of 7,336.71 on Monday, eking out a gain of 3.04 points or 0.04% in the local bourse’s first trading session in the Year of the Fire Rooster.

The broader all shares index likewise closed almost unchanged, gaining less than a point or 0.01% to 4,415.68.

“Investors opted to stay on the sidelines and be cautious while waiting for more catalysts, one of which is the upcoming Federal Reserve meeting,” Jonathan J. Latuja, research analyst at Unicapital Securities, Inc., said via text.

Trading in other Southeast Asian markets also remained dull, as some remained shut to usher in the Lunar New Year, while concerns over US President Donald J. Trump’s immigration policy hurt sentiment, according to news service Reuters.

“Trump’s policy on migrants has stirred a hornet’s nest among its global allies as well as businessmen at home, moving funds toward safer havens,” Justino B. Calaycay, Jr., head of marketing and research at A&A Securities, Inc., said in a trading post.

Most counters registered losses. Holding firms dropped by 29.56 points or 0.39% to 7,472.14; industrials by 34.56 points or 0.31% to 11,127.13; mining and oil by 23.18 points or 0.19% to 12,172.60; and services by 0.25 point to 0.01% to 1,446.42.

The financials and property sectors provided some lift to the market, rising by 10.27 points or 0.58% to 1,775.27 and by 17.91 points or 0.54% to 3,319.00, respectively.

Still, the market breadth turned out negative, with 94 stocks declining against 89 advancers and 44 others that stayed put.

Value turnover dropped to P4.04 billion from the P5.13 billion posted on Friday, after 1.66 billion issues changed hands. Foreigners’ buying activities prevailed over outflows to yield net purchases of P234.15 million, adding to the P73.94-million net inflows booked in the previous session.

But the lack of trading participants actually boosted the local market along with window dressing activities ahead of the month’s close, Luis A. Limlingan, managing director of Regina Capital Development Corp., noted in a mobile phone message. “Philippine markets closed flat as US stocks eroded a bit on Friday, even as overall the market’s recent upward bias was viewed as intact and major indices ended higher for the week.”

“Asian shares suffered a worse fate, falling from a four-month high on concern about rising global trade and geopolitical risks after US President Donald Trump imposed a travel ban on people from seven predominantly Muslim nations.” — Keith Richard D. Mariano

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-almost-unchanged-as-market-seeks-leads&id=139854
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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.

My Book

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)

The Respponsible _Website

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)

The Respponsible Trader_YouTube

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)

The Respponsible Trader_Slideshare

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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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