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 October 11,  2017  Data)

Total Traded Value –  PhP  11.267  Billion – Medium
Advances Declines – (Ideal is 2:1)   97 Declines vs. 90 Advances    = 1.08:1 Neutral
Total Foreign Buying – PhP 5.877  Billion
Total Foreign Selling – (PhP  7.173)  Billion
Net Foreign Buying (Selling) – (PhP 1.296)  Billion –first day of Net Foreign Selling after a 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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Local stocks decline as investors pocket gains

October 12, 2017

INVESTORS succumbed to profit taking on Wednesday due to the lack of significant catalysts to drive the market upward.

The Philippine Stock Exchange index slumped 0.47% or 39.57 points to 8,358.47.

The broader all-shares index dropped 0.30% or 14.83 points to 4,907.88.

“The market technically is just consolidating between the record high and support level at 8,300,” Summit Securities, Inc., President Harry G. Liu said in a phone interview, noting that the finalization of the tax reform package, ongoing infrastructure developments, and the upcoming Association of Southeast Asian Nations gathering may prop up the index soon.

“Philippine markets gave in to profit taking while US Stocks finished slightly higher last Tuesday,” said Regina Capital Development Corp. Managing Director Luis A. Limlingan in a mobile phone message.

Stocks around the world rose on Tuesday as Wall Street eked out record highs ahead of earnings season, while US Treasury prices pared gains after Catalonia’s leader allowed for talks with Madrid even as he proclaimed independence from Spain.

The Dow Jones Industrial Average rose by 0.31% to 22,830 points, its eighth gain in the past 10 sessions, while the S&P 500 ended the day 0.23% higher at 2,551 points.

“Investors are taking money off the table to wait for more hints on [the] next movement of the [Federal Reserve] with the next rate hike,” Mr. Limlingan added.

Back home, sector counters were mostly down. Industrials plummeted 1.16% or 129.60 points to 10,967.48; services fell 0.91% or 15.89 points to 1,729.76; mining and oil went down 0.81% or 113.19 points to 13,733.64; holding firms slid 0.45% or 39.13 points to 8,587.15; and property declined 0.31% or 12.22 points to 3,856.96. Only financials posted gains, climbing 0.52% or 10.61 points to 2,027.67.
Decliners trumped advancers at 97 to 90 while 56 issues were unchanged.

Value turnover expanded to P11.63 billion from P7.17 billion the previous day, with 894.07 million shares changing hands.
Foreigners dumped shares anew on Wednesday to log net sales worth P1.3 billion, reversing the net buying worth P496.23 million seen on Tuesday.

Meanwhile, Southeast Asian shares were mixed. Indonesian shares fell on Wednesday as foreign investors turned net sellers ahead of the release of the US Federal Reserve’s September meeting minutes.

Indonesian shares slipped as much as 0.8% to their lowest in nearly two weeks, set for a second day of losses.
The Fed minutes due later in the day may bolster views of a December rate hike and provide clues on the pace of US monetary policy tightening.

Malaysian shares slipped 0.3%, hurt by losses in telecom and consumer stocks.

In contrast with the broader trend, Thai stocks climbed as much as 0.7% to a fresh 24-year high. — with Reuters

Source: http://bworldonline.com/local-stocks-decline-investors-pocket-gains/

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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:

The book  can also be ordered online through our publisher, Central Book Supply. Just go to: http://central.com.ph/bookstoreplus then click Search – The Responsible Trader.

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.