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 2, 2017  Data)

Total Traded Value –  PhP  7.414  Billion – Low
Advances Declines – (Ideal is 2:1)   107 Advances vs. 96 Declines = 1.11:1 Neutral
Total Foreign Buying – PhP 4.088  Billion
Total Foreign Selling – (PhP  4.359)  Billion
Net Foreign Buying (Selling) – (PhP 0.271)  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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Shares climb on positioning ahead of earnings

October 3, 2017

STOCKS opened the month with gains as investors look forward to positive earnings results slated for release this month.

The bellwether Philippine Stock Exchange index (PSEi) jumped 1.03% or 84.85 points to close at 8,256.28 on Monday.
The broader all-shares index rose 0.53% or 26.01 points to 4,867.36.

“Basically, it’s a technical behavior, nothing of significance to break up the market. Everyone’s looking toward the half-year earnings. Hopefully, it’s positive,” said Summit Securities, Inc. President Harry G. Liu in a phone interview on Monday.
“Markets began their positioning to kick off [the fourth quarter] by buying up the market once more,” Luis A. Limlingan, business development head at Regina Capital Development Corp., said in a mobile message.

Mr. Limlingan noted that there was also a spillover as US markets ended the month on a stronger note last Friday.

The S&P 500 and the Nasdaq advanced to record levels on Friday, buoyed by gains in technology stocks, while each of the major indexes closed out the quarter with solid gains.

The Dow Jones Industrial Average rose 23.89 points or 0.11% to 22,405.09; the S&P 500 gained 9.3 points or 0.37% to 2,519.36; and the Nasdaq Composite added 42.51 points or 0.66% to 6,495.96.

Sectoral counters were divided on Monday.

Holding firms led the rally and surged 1.96% or 161.53 points to 8,383.20; property climbed 0.93% or 36.12 points to 3,887.03; and financials went up 0.77% or 15.27 points to end the session at 1,976.51.

On the other hand, mining and oil declined 0.47% or 66.52 points to 13,887.79; industrials went down 0.36% or 40.36 points to 11,106.52; and services fell 0.28% or 4.88 points to 1,711.28.

Advancers trumped decliners at 107 to 96, while 52 issues were unchanged.

Value turnover slumped P7.41 billion from Friday’s P73.73 billion as 1.4 billion shares changed hands.

Foreigners dumped shares, with net selling totaling P271.46 million, a reversal of Friday’s net purchases worth P31.68 billion.

“Investors will be on the lookout for key economic releases this week such as the ISM (Institute for Supply Management) manufacturing index tonight, the ISM non-manufacturing index on Wednesday, and the employment report on Friday. There are several speaking engagements by Fed[eral Reserve] officials this week, including a speech on financial regulatory reform by Fed Governor Powell on Tuesday,” Mr. Limlingan said on Monday.

Most Southeast Asian stock markets climbed on Monday, with Indonesia hitting a record and Thailand scaling a fresh 24-year peak, as better-than-expected China factory data boosted investor sentiment. China’s manufacturing activity in September grew at the fastest pace since 2012 as factories cranked up output to take advantage of strong demand and high prices, easing worries of a slowdown. — Janina C. Lim with Reuters

Source: http://bworldonline.com/shares-climb-positioning-ahead-earnings/

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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.