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 September 13, 2018 Data)

Total Traded Value – PhP 6.067 Billion – Low
Advances Declines – (Ideal is 2:1) 123 Declines vs. 72 Advances = 1.71:1 Neutral
Total Foreign Buying  PhP 3.390 Billion
Total Foreign Selling – (PhP 3.788)  Billion
Net Foreign Buying (Selling) – (PhP 0.398)  Billion – 11th day of Net Foreign Selling after 2 days  of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of 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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PSE index halts six-day slump on selective buying

September 13, 2018 | 9:00 pm
By Arra B. Francia, Reporter

THE MAIN INDEX snapped its six-day losing streak on Thursday as investors went on selective buying of stocks with good valuations.

The benchmark Philippine Stock Exchange index (PSEi) bounced back 0.91% or 68.17 points to close at 7,517.37 Thursday, September 13. The broader all-shares index likewise gained 0.54% or 25.15 points to 4,602.31.

“There’s a support at the 7,450 level for now, propped up by some entries into attractive valuations as we look forward to positive 2019 earnings,” DA Market Securities, Inc. Chief Equity Strategist Nisha S. Alicer said via text on Thursday.

“However, there’s a cautious tone to the market due to possible headwinds to market’s recent gains such as weak peso, potential damage of super typhoon, impact on inflation, BSP (Bangko Sentral ng Pilipinas) rate hike estimate of 50 bps to 4.50% late September. Foreign selling has also continued,” Ms. Alicer added.

Foreign investors were net sellers for the 11th consecutive day, recording net outflows of P398.03 million, albeit slimming down from the previous session’s P886.62 million.

Meanwhile, Diversified Securities, Inc. trader Aniceto K. Pangan said the PSEi moved in sync with regional markets.

“Local market rebounded today on oversold level as regional markets recovered on prospect of fresh trade war negotiations between United States and China with US Treasury Secretary Steve Mnuchin who recently reached out to Beijing to propose another round of talks,” Mr. Pangan said in a separate message on Thursday.
Reports noted that the new round of trade talks may take place in Washington, following the Chinese government’s pronouncements earlier this week that it will bring up its spat with the US to the World Trade Organization on Sept. 21.

On the other hand, Wall Street indices ended mixed despite flattish performances, with the Dow Jones Industrial Average adding 0.11% or 27.86 points to 25,998.92, and the S&P 500 index gaining 0.04% or 1.03 points to 2,888.92. In contrast, the Nasdaq Composite index lost 0.23% or 18.24 points to 7,954.23.
Back home, all sectoral indices closed in the green, led by the mining and oil counter with an increase of 1.96% or 188.63 points to 9,773.62, followed by property which firmed up 1.2% or 44.89 points to 3,767.51.

Industrials jumped 0.83% or 92.07 points to 11,123.30; services went up 0.8% or 12.23 points to 1,527.16; holding firms added 0.56% or 40.96 points to 7,355.26; while financials rose 0.48% or 8.06 points to 1,676.90.

Some 738.47 million issues switched hands valued at P6.07 billion, climbing from the previous session’s P5.67 billion.

Decliners outpaced advancers, 123 to 72, while 45 stocks remained unchanged.

“Should we test lower, minor supports are at 7,300/7,200, major is at 7,000/6,923 which is the June 22 low,” Ms. Alicer said.

Source: http://www.bworldonline.com/pse-index-halts-six-day-slump-on-selective-buying/

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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 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.