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 May 12,  2017  Data)

Total Traded Value –  PhP  8.854  Billion – High

Advances Declines Ratio – (Ideal is 2:1)  124 Declines vs. 81 Advances = 1.53:1  Neutral

Total Foreign Buying – PhP 4.428  Billion

Total Foreign Selling – (PhP  4.856)  Billion

Net Foreign Buying (Selling) – (PhP 0.428  Billion) – first day of Net Foreign Selling after 8 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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Investors await GDP data

Posted on May 13, 2017

STOCKS moved sideways on Friday as consolidation continued ahead of the release of first-quarter economic data next week and telecommunication earnings weighed on market sentiment.

The bellwether Philippine Stock Exchange index (PSEi) slipped 0.87 of a point or 0.01% to close 7,815.53, while the broader all-shares index slipped 8.62 points or 0.19% to end 4,648.26.

Only two of the six sectoral indices bared gains.

“Market continued to consolidate… heading to the support level of 7,650-7,700. These past few days, the market is just moving sideways waiting for more developments,” Summit Securities, Inc. President Harry G. Liu said in a telephone on Friday.

“Generally, we still see consolidation as investors are on a wait-and-see stance for the release of GDP numbers. Initial statements point to positive numbers,” he added, referring to a seven percent estimate of Socioeconomic Planning Secretary Ernesto M. Pernia for first-quarter growth that will be reported on May 18.

Regina Capital Development Corp. President Marita A. Limlingan for her part said “initially, the telco sector pulled the market down because of poor earnings.”

Index heavyweight PLDT, Inc. reported on Friday that its consolidated net income dropped by a fifth annually to P4.969 billion last quarter and that profit attributable to its equity holders similarly fell to P4.951 billion as service revenues weakened. PLDT, Inc., which initially lost as much as four percent during trading, managed to end Friday up 1.92% to P1,755 each as it signalled that it could return to growth by next semester.

Local equities also seemed to be tracking Wall Street, as the Dow Jones Industrial Average ceded 0.11%, while the S&P 500 and Nasdaq Composite indices each lost 0.22%.

Others in Asia were mixed, with the Nikkei 225 and Topix (Tokyo) indices each losing 0.39%, and Australia’s S&P/ASX 200 falling by 0.70%, while the Hang Seng, Shanghai-Shenzhen’s CSI 300 and MSCI AC Asia Pacific gaining 0.12%, 0.86% and 0.46%, respectively.

Four out of the six sectoral indices at home ended in the negative territory, with industrial losing 87.38 points or 0.78% to 11,113.76, mining and oil dropping 82.85 points or 0.65% to 12,597.69, property falling 32.79 points or 0.92% to 3,525.67 and holding firms declining 17.09 points or 0.22% to 7,900.80.

Only two indices gained: services increased by 23.93 points or 1.47% to 1,649.08 while financials added 16.18 points or 0.85% 1,926.49.

Stocks that lost were led by Universal Robina Corp. that dropped 2.99% to P162.50 apiece; Ayala Land, Inc. that yielded 1.02% to P39 and SM Investments Corp. that slipped by 0.39% to P770 each.

Besides PLDT, those that gained were led by GT Capital Holdings, Inc. that added 0.16% to P1,256 each, Nickel Asia Corp. that increased by 0.83% to P6.05 and International Container Terminal Services, Inc. that surged by 3.36% to P96.80 apiece.

Friday saw decliners trump advancers, 124 to 81, while 33 stocks were unchanged.

Investors traded 2.825 billion issues worth P8.954 billion on Friday, compared to Thursday’s 3.924 billion worth P15.588 billion.

Foreigners turned bearish, causing their trades to end the day with P427.704 million in net selling from Thursday’s P1.284-billion net buying. — ICCD

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=investors-await-gdp-data&id=145137

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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