Top Ten Smart Money Moves – November 13, 2017
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 November 13, 2017 Data)
Total Traded Value – PhP 8.221 Billion – Medium
Advances Declines – (Ideal is 2:1) 115 Declines vs. 72 Advances = 1.60:1 Neutral
Total Foreign Buying – PhP 3.927 Billion
Total Foreign Selling – (PhP 5.431) Billion
Net Foreign Buying (Selling) – (PhP 1.504) Billion – 3rd day of Net Foreign Selling after 5 day 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
Top Ten Gainers and Losers
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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Bourse gives up early gains on profit taking
November 14, 2017
THE Philippine Stock Exchange index (PSEi) succumbed to afternoon profit taking to join many Asian peers’ general downward trek on Monday.
The PSEi lost 103.46 points or 1.22% to finish 8,330.02, while the all-shares index dropped 37.24 points or 0.75% to end 4,894.62.
The benchmark index had actually opened 0.32% higher than last Friday’s 8,433.48 finish at 8,460.62 and peaked for the day 0.63% up at 8,486.61 before closing at Monday’s lowest point.
Only one of the six sectoral indices ended the day with gains, while foreigners remained net sellers for a third straight trading day.
“The local market dashed up at the opening bell and traded in the green for most of the session,” RCBC Securities, Inc. Equity Research Analyst Jeffrey Lucero said in a note. “In the afternoon, however, investors started to take profits on index-heavyweights” like Ayala Land, Inc. and SM Prime Holdings, Inc.
A number of other Asian bourses shared PSEi’s fate on Monday: Japan’s Nikkei 225 and TOPIX Index, South Korea’s KOSPI Index, the Straits Times Index and the Jakarta Composite Index losing 1.32%, 0.94%, 0.50%, 0.03% and 0.01%, respectively.
A few others gained, including Hong Kong’s Hang Seng Index and the Shanghai Composite Index that added 0.21% and 0.47%, respectively.
Among PSEi’s six sectoral indices, only industrials gained yesterday, adding 84.18 points or 0.77% to 10,993.11.
All the others lost: property by 74.92 points or 1.89% to 3,880.49, holding firms by 115.66 points or 1.34% to 8,496.54, services by 20.25 points or 1.19% to 1,668.41, mining and oil by 146.83 or 1.18% to 12,270.65 and financials by 22.39 points or 1.06% to 2,072.22.
The list of Monday’s 20 most actively traded stocks showed D&L Industries, Inc. surging by 5.26% to P10.80 apiece; Manila Electric Co. increasing by 3.66% to P305.80; East West Banking Corp. gaining 3.11% to P33.15; Jollibee Foods Corp. rising by 2.31% to P257 and Cemex Holdings Philippines, Inc. adding 1.22% to P4.15 apiece.
Those that declined included Bloomberry Resorts Corp. that gave up 3.49% to P10.50 apiece; Semirara Mining and Power Corp. that dropped 3.13% to P37.10; Ayala Land, Inc. that fell by 2.97% to P42.50; SM Investments Corp. that went down by 2.76% to P953 and Megaworld Corp. that slipped by 2.14% to P5.50 each.
Stocks that declined continued to outnumber those that gained 115 to 72, while 49 others were unchanged.
Trading volume grew to 1.57 billion shares worth P8.22 billion from Friday’s 1.17 billion shares worth P7.53 billion.
Foreign investors remained largely sellers for a third consecutive trading day, although Monday’s P1.50-billion net sales was the biggest in that period.
Source: http://bworldonline.com/poll-bares-expectation-faster-growth/
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In line with our VISION, A RESPONSIBLE IN EVERY FILIPINOS HOME, 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/. For those interested in the hard copy, please send email to: ninjatrader919@gmail.com Subject: The Responsible Trader – Hard Copy.
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.
The book continues to receive positive response and comments from our readers. To reach a wider audience we have made the book available through selected branches of National Bookstore:
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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.
Starting with August 11, 2017 data we are including the Top Ten Gainers and Losers for a more comprehensive coverage of significant stock movements during the day.