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 July 6,  2017  Data)

Total Traded Value –  PhP  7.477  Billion – Low
Advances Declines Ratio – (Ideal is 2:1)  86  Advances vs. 68 Declines = 1.26:1  Neutral
Total Foreign Buying – PhP 3.711  Billion
Total Foreign Selling – (PhP  3.204)  Billion
Net Foreign Buying (Selling) – PhP 0.507  Billion – first day of Net Foreign Buying after 2 days of Net Foreign Selling

          

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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Philippine stocks post uptick, buck Asian trend

Posted on July 07, 2017

THE LOCAL bourse bucked the trend as major Asian markets saw a decline on Thursday, after minutes from the US Federal Reserve’s last meeting did not provide a clear picture on the pace of future interest rate hikes.

The Philippine Stock Exchange index (PSEi) added 39.47 points or 0.50% to close at 7,888.31 on Thursday. The all-shares index also rose 0.51% or 24.15 points higher at 4,736.85.

“The market received a shot in the arm from foreigners who posted strong net foreign buying of P507 million, reversing two days of net selling,” RCBC Securities, Inc. said in its stock market daily report.

Harry G. Liu, Summit Securities, Inc. president, said the market is expected to continue hovering sideways in the next two weeks, on the lack of fresh leads.

“The market so far is still consolidating. It’s waiting for a good news to perk it up, right now we’re just within the technical movement, between the support of 7,750 to 7,800, that’s the consolidation. If anything positive can come it’s definitely the opening of the Congress on the 24th for the tax package, so that’s as soon as possible,” Harry G. Liu, Summit Securities, Inc. president, said in a phone interview.

In a mobile phone message, Luis A. Limlingan, managing director of Regina Capital Development Corp., said the market went on bargain hunting mode as the US resumed trading after the July 4th holiday.

RCBC Securities noted the PSEi has continued to stay within its trading range of 7,800-7,900 since the start of this week.

Sectoral counters, except for mining and oil, were in the green on Thursday. Financials added 9.20 points or 0.47% to 1,947.95; while industrials went up by 42.76 points or 0.39% to 11,147.21.

Holding firms rose 51.16 points or 0.65% to 7,924.13, while services climbed 3.92 points or 0.23% to 1,697.06, and property jumped 14.24 points or 0.39% to 3,647.15.

The mining index slipped 0.16% or 20.44 points to end at 12,628.40.

Value turnover reached P7.48 billion on Thursday, up 0.58% from the previous day’s P6.46 billion.

Advancers outnumbered losers 86 to 68, with 102 unchanged.

Shares in Metro Pacific Investments Corp. went up 4% to end trading at P6.69 apiece, amid speculation the conglomerate will receive a favorable arbitration ruling in its dispute over water rates with the government regulator.

Other gainers included Ayala Corp. (+1.40%), LT Group (+2.22%), DMCI Holdings (+1.66%) and SM Investments Corp. (+0.19%).

Meanwhile, most Asian equities retreated as energy shares fell and investors absorbed details of the US Federal Reserve’s most recent meeting.

The MSCI AC Asia Pacific Index lost 0.2% as of 4:35 p.m. in Hong Kong, swinging between losses and gains earlier. The benchmark Asian stocks gauge has declined 0.4% this week.

Equities from Japan to Singapore and Australia fell, while those in India and Indonesia advanced. — Arra B. Francia with Bloomberg
Source: http://www.bworldonline.com/content.php?section=StockMarket&title=philippine-stocks-post-uptick-buck-asian-trend-&id=147878

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=pse-index-ekes-out-gains-as-june-inflation-slows&id=147808

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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