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 March 13, 2017  Data)

Total Traded Value –  PhP  6.460  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   94 Declines vs. 94 Advances    = 1.0:1  Neutral

Total Foreign Buying – PhP 3.251  Billion

Total Foreign Selling – (PhP  3.533  Billion)

Net Foreign Buying (Selling) – (PhP  0.282  Billion) – 4th day of Net Foreign Selling after 2 days 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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PSEi rallies ahead of Fed meet as SMIC rebounds

Posted on March 14, 2017

STOCKS rallied on Monday after SM Investments Corp. (SMIC) bounced back from last week’s losses, easing trading woes late last week.

The bellwether Philippine Stock Exchange index jumped 1.21% or 86.82 points to close at 7,233.09 yesterday. The broader all shares index also climbed 0.82% or 35.62 points to 4,379.01.

“The local market rebounded led by a rally in SMIC, which climbed 7.76% today, after it was sold off heavily last Friday,” Luis A. Limlingan, managing director at Regina Capital Development Corp., said in a text message on Monday.

“The counter regained most of what it lost last Friday, as the effects of an index [rebalancing] prompted funds managers to lighten up on the stock,” Manuel Antonio G. Lisbona, president of PNB Securities, Inc., said in a mobile phone message.

Regina Capital’s Mr. Limlingan added that the anticipated interest rate hike by the Federal Reserve this week now “looks like a forgone conclusion,” with the upward adjustment already factored in by the market.

Another driver for yesterday’s trading was the jobs report released by the US Labor Department last Friday, Mr. Limlingan noted. US nonfarm payrolls increased 235,000 in February with a 9,000 upward revision to the prior two months, moderately above consensus expectations. Meanwhile, US unemployment edged down to 4.7%.

Holding firms led the charge, increasing 1.90% or 134.89 points to 7,223.11; mining and oil went up 1.04% or 128.67 points to 12,476.03; property gained 0.84% or 27.34 points to 3,275.82; financials climbed 0.66% or 11.92 points to 1,816.26; industrials rose 0.60% or 66.42 points to 10,973.57; and services inched up 0.20% or 2.94 points to 1,465.68.

Advancers and decliners ended at 94 apiece, while 43 names were unchanged. Value turnover was at P6.46 billion, down from Friday’s P8.01 billion, with 1.43 billion shares changing hands.

Net foreign selling persisted at P282.06 million, although below the previous trading day’s P617.97-million outflow.

Other Southeast Asian markets saw tepid trading as investors braced themselves after Friday’s strong US jobs data sealed the chance of a rate increase by the Fed on Wednesday.

Fed Chair Janet L. Yellen signaled last week that the US central bank would likely hike rates at its March 14-15 policy meeting.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.75% at 0402 GMT. The Singapore index rose about 0.4%, helped by gains in financials and telecommunication stocks.

Vietnam fell as much as 0.6%, bogged down by weak consumer staples and financials. Vietnam’s coffee export volume this year is expected to fall 20-30% from a year earlier due to drought and reduced inventory, an industry official said on Sunday.

The Jakarta SE Composite Index was flat with the index of the 45 most liquid stocks trading rangebound. — Janina C. Lim with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-rallies-ahead-of-fed-meet-as-smic-rebounds&id=142112
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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