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 30,  2017  Data)

Total Traded Value –  PhP  6.665  Billion – Low
Advances Declines – (Ideal is 2:1)   96 Advances vs. 87 Declines  = 1.10:1  Neutral
Total Foreign Buying – PhP 2.393  Billion
Total Foreign Selling – (PhP  2.543)  Billion
Net Foreign Buying (Selling) – (PhP 0.150)  Billion – 5th 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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PSEi to sustain momentum on positive sentiment

November 2, 2017

ANALYSTS EXPECT stocks to be more upbeat towards the end of the year with help from various catalysts here and abroad, but economic drivers this month, mainly third-quarter economic growth data, will have to yield positive results to sustain momentum.

“We should be performing between now and December a bit better but I don’t think there’s any run-up unless something positive comes out,” Summit Securities, Inc. President Harry G. Liu said in a phone interview on Wednesday.

Regina Capital Development Corp. Managing Director Luis A. Limlingan said investors will be pinning their hopes on the country’s gross domestic product growth data for the July to September period, as this will give the market a glimpse of the full-year economic performance.

“The third-quarter earnings will also carry the same sentiment, as there will be no effect of election spending,” said Mr. Limlingan in a mobile phone message yesterday.

Mr. Limlingan also noted that after the two-day policy meeting of the US Federal Reserve, money managers will turn to the Bangko Sentral ng Pilipinas’ meeting, in which the central bank is expected to hint on a rate hike, which some believe could happen as early as yearend.

Meanwhile, Summit Securities’ Mr. Liu added that President Rodrigo R. Duterte’s trip to Japan, which has so far had positive results, may also push the local bourse upward in the coming days.

“Not only that, the ASEAN (Association of Southeast Asian Nations) summit must proceed smoothly, and indications of the TRAIN (Tax Reform for Acceleration and Inclusion Act) being passed by yearend should be strong,” Mr. Limlingan added, noting that “it is a challenging task for November, but after all October is a record high.”

On Oct. 17, the Philippine Stock Exchange index (PSEi) hit a fresh record high of 8,497.74, although still falling short of the 8,500-point resistance level.

The Philippine market remained closed on Wednesday for a public holiday.

In the region, Singapore shares hit their highest in more than two years on Wednesday with financials driving the rise, while Indonesia extended gains into a second session on stronger crude oil prices and foreign fund inflows.
Singapore’s FTSE Straits Times Index rose as much as 0.60% to its highest since late May 2015.

DBS Group, the city-state’s top lender, was the biggest boost with a jump of 1.2%, while oil-rig builder Keppel Corp. rose as much as 2% to its highest in over two years.

Brent crude prices were near two-year highs as the Organization of the Petroleum Exporting Countries has significantly improved compliance with its pledged supply cuts and Russia is also seen keeping to the deal.
Indonesia’s Jakarta IDX Composite Index rose as much as 0.40% with energy and financial stocks leading the gains.
Thai shares fell as much as 0.44% before recovering to trade marginally higher. – with Reuters

Source: http://bworldonline.com/psei-sustain-momentum-positive-sentiment/

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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.