Top Ten Smart Money Moves – June 20, 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 June 20,  2017  Data)

Total Traded Value –  PhP  7.077  Billion –  Low
Advances Declines Ratio – (Ideal is 2:1)  95 Advances  vs. 91  Declines = 1.04:1  Neutral
Total Foreign Buying – PhP 2.883  Billion
Total Foreign Selling – (PhP  3.258)  Billion
Net Foreign Buying (Selling) – (PhP 0.375)  Billion – 2nd day of Net Foreign Selling after 15 days of Net Foreign Buying


Data from the Philippine Stock Exchange


Screenshot courtesy of:


PSE Heat Map_20170620

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:


PSE heads for correction as BoP deficit data bite

Posted on June 21, 2017

LOCAL EQUITIES changed direction and finished on a sour note on Tuesday as the peso weakened further against the greenback and the government reported that the country’s balance of payments (BoP) swung to a deficit in May, analysts said.


“With the Philippines seeing a current account and BoP deficit, the peso depreciated,” said Miguel A. Agarao, vice-president of Philequity Management, Inc.

“Thus, the stock market may be headed for a consolidation or correction.”

On Monday, the Bangko Sentral ng Pilipinas (BSP) reported that the country’s BoP position reverted to a deficit in May as imports increased while short-term capital investments moved out.

Yesterday saw the Philippine Stock Exchange index (PSEi) lose 25.89 points or 0.32% to finish at 7,917.86 and the all-shares index slip by 3.97 points or 0.08% to 4,719.24. Save for mining and oil, the five other sector indices retreated.

Noting that technology stocks helped fuel Wall Street to hit record highs,” Luis A. Limlingan, business development head at Regina Capital Development Corp., said “[g]ains in the US tech sector were apparently limited as they did not extend to the Philippine markets this trading session.”

“Local stocks saw some profit taking after a sharp run up the previous day,” he added.

Value turnover at P7.08 billion was just slightly less than the previous day’s P7.09 billion. Gainers outnumbered losers at 95 to 91, while 52 issues finished unchanged.


All six sectoral indices moved by less than a percentage point.

Mining stocks edged 27.55 points or 0.22% higher to finish at 12,493.20.

Holding firms led losers as they gave up 34.23 points or 0.43% to close at 7,800.26. Financial issues dropped 4.25 points or 0.22% to 1,926, property fell by 7.07 points or 0.18% to 3,737.87, services slipped by 2.61 points or 0.14% to 1,745.83 while industrials ceded 4.02 points or 0.03 to 11,154.46.

Foreigners extended their sale of local stocks as the session closed with a net selling of P374.78 million, more than twice Monday’s P165.86 million.

Mr. Limlingan earlier said the market was awaiting the outcome of the BSP’s policy meeting this Thursday, even as it is widely expected to leave the overnight reverse repurchase rate at three percent, the overnight deposit rate at 2.5% and the reserve requirement ratio at 20%.

Harry G. Liu, president of Summit Securities, Inc., said traders were also awaiting the release of listed firms’ second-quarter financial results, which could fuel PSEi to once again touch 8,000 and possibly stay above that level.

Mr. Liu said some research may have estimates before the month ends of the performance of firms they were monitoring, hence, the market might react earlier than the reporting period.

“If a lot of reports from the companies are positive, then there will be a reaction in the market,” he said, adding that “political conditions” had already been factored into investors’ decisions. — Victor V. Saulon


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:

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: Subject: The Responsible Trader – eBook Version.

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2. The Website: : where we publish our daily newsletter Top Ten Smart Money Moves, Stock Trading Lessons, and Inspirational Materials. (FREE)

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3. The YouTube Channel: – 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)

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4. My Slideshare: – 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

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