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 November 8, 2016  Data)

Total Traded Value –  PhP  7.189 Billion – Low

Advances Declines Ratio – (Ideal is 2:1 to be considered Bullish or Bearish) 119 Advances vs. 64 Declines   = 1.86:1  Neutral

Total Foreign Buying – PhP 3.133  Billion

Total Foreign Selling – (PhP  3.027 Billion)

Net Foreign Buying (Selling) – PhP  0.106  Billion – first day of Net Foreign Buying after 9 days of  Net Foreign Selling

  

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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Index recovers as investors pick up cheap stocks

Posted on November 09, 2016

THE LOCAL stock benchmark ended in the green yesterday after Monday’s renewed decline on bargain hunting despite political risks ahead of the results of the US presidential election.

The Philippine Stock Exchange index (PSEi) closed at 7,307.80 on Tuesday, up 110.61 points or 1.53% from its 7,197.19 close the previous session. The broader all-shares index ended trading at 4,364.22, also rising by 52.94 points or 1.22%.

“The market was up as bargain prices attracted most investors despite political risks,” First Grade Finance, Inc. Managing Director Astro C. Del Castillo said in a telephone interview.

Investors also anticipate the “more business-friendly candidate” to win at the US presidential election, he added.

Luis A. Limlingan, business development head at Regina Capital Development Corp., said: “[Yesterday] was a combination of bargain hunting and external factors. There was also anticipation of favorable US election results with Hillary leading the polls,” Mr. Limlingan added, referring to Democrat candidate Hillary Clinton.

Final survey results by private firms in the US have shown Ms. Clinton in the lead over Republican rival Donald Trump.

Only the services counter ended in the red yesterday as it fell by less than a point to close yesterday’s trading at 1,373.01.

Meanwhile, the industrial subindex led the charge as it gained 348.38 points or 3.07% to close at 11,668.47. Mining and oil climbed by 216.28 points or 1.87% to 11,753; property rose 47.95 points or 1.5% to 3,243.77; financials went up 22.6 points or 1.3% to 1,755.16; and holding firms climbed by 94.29 points or 1.28% to 7,429.20.

Value turnover increased to P7.19 billion on Tuesday after 3.71 billion shares exchanged hands from the previous session’s P6.68 billion.

Foreign investors turned net buyers, with inflows reaching a net P106.11 million from Monday’s net foreign selling of P743.72 million.

Advancers also outnumbered decliners, 119 to 64, while 49 issues were unchanged.

For today, both analysts said trading direction will be influenced by the result of the US elections which will see either Ms. Clinton or Mr. Trump succeed President Barack H. Obama.

“We will see more bears in the market should [Mr.] Trump win, more bulls if Hillary,” Mr. Del Castillo said, adding that the PSEi could trade within the 7,300 level.

He noted that the market will also be driven by the continued release of local corporate earnings.

For Mr. Limlingan, the bellwether index is likely to move within the 7,100 to 7,400 range, with the result of the presidential polls in the world’s largest economy mainly driving the movement.

Other Southeast Asian stock markets rose on Tuesday, tracking Asian peers, on widespread optimism triggered by prospects of Democratic bet Ms. Clinton winning the US presidential election. — I.C.C. Delavin with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=index-recovers-as-investors-pick-up-cheap-stocks&id=136066
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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/

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 P8 Billion b. Medium – Total Traded Value P8 Billion but not more than P15 Billion c. High – Total Traded Value more than P15 Billion