Top Ten Smart Money Moves – March 29, 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 March 29, 2017  Data)

Total Traded Value –  PhP  14.286  Billion – Medium

Advances Declines Ratio – (Ideal is 2:1)   107  Declines vs. 79 Advances = 1.35:1  Neutral

Total Foreign Buying – PhP 4.826  Billion

Total Foreign Selling – (PhP  10.824  Billion)

Net Foreign Buying (Selling) – (PhP 5.998  Billion) – first day of  Net Foreign Selling after a day o Net Foreign Buying


Data from the Philippine Stock Exchange


Screenshot courtesy of:


PSE Heat Map_20170329

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:


Local shares end flat amid lack of strong leads

Posted on March 30, 2017

THE MAIN INDEX traded flat on Wednesday, failing to follow the rebound of US markets due to strong data coupled with an affirmation of two more Federal Reserve rate hikes this year.

The bellwether Philippine Stock Exchange index (PSEi) fell 0.10% or 7.46 points to 7,324. The broader all-shares index dropped 0.15% or 6.91 points to 4,404.30.

“Philippine stocks failed to match US stocks rebounding from their recent lull to close comfortably higher on the back of a blowout reading on consumer sentiment (the best since December 2000), the fastest housing price growth since mid-2014, a comment from Fed Chair Stan Fischer, rallying crude prices and a new all-time high for Apple,” said Luis A. Limlingan, managing director at Regina Capital Development Corp. in a text message.

US stocks ended sharply higher on Tuesday, with financial and energy shares surging as data showed US consumer confidence soaring to a more than 16-year high.

The S&P 500’s best day in nearly two weeks came after a record-setting rally for stocks in the wake of President Donald J. Trump’s election in November had stalled this month. The Dow Jones Industrial Average snapped an eight-day losing streak, which had been its longest run of losses since 2011.

US consumer confidence surged to a more than 16-year high in March amid growing labor market optimism, while the trade deficit in goods narrowed sharply in February. The economy’s strengthening fundamentals were bolstered by other data showing further increases in house prices in January.

The Dow Jones Industrial Average rose 150.52 points or 0.73% to 20,701.5, the S&P 500 gained 16.98 points or 0.73% to 2,358.57 and the Nasdaq Composite added 34.77 points or 0.60% to 5,875.14.

Mr. Limlingan added that US Treasuries reversed early gains to trade flat following the release of the strongest consumer sentiment print since 2000 which sapped demand for debt.

“The selling accelerated after Federal Reserve Vice Chairman Stan Fischer re-affirmed the central bank’s forecast for two more rate increases in 2017,” Mr. Limlingan added.

The Fed official said the US central bank’s consensus estimate for two more rate hikes this year “seems about right.”

Manuel Antonio G. Lisbona, PNB Securities, Inc. president, noted that even as the PSEi ended flat on Wednesday, it remained within the 7,150-7,350 trading range. “The market pierced resistance intraday but failed to sustain the breach. Most likely the market will again move towards support at 7,150 in the next few sessions.”


Subsectors closed mixed on Wednesday. Financials declined 0.60% or 11.02 points to 1,824.44; mining and oil slid 0.46% or 55.32 points to 11,962.85; industrials went down 0.30% or 33.06 points to 10,843.56; and property inched down 0.18% or 5.73 points to 3,170.29.

Meanwhile, holding firms climbed 0.33% or 24.90 points to 7,493.76 and services went up 0.19% or 3.01 points to 1,530.18. — J.C. Lim with Reuters


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.

My Book

2. The Website: : 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: – 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: – 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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