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 6,  2017  Data)

Total Traded Value –  PhP  6.720  Billion – Low
Advances Declines – (Ideal is 2:1)  111 Declines vs. 71 Advances = 1.56:1  Neutral
Total Foreign Buying – PhP 3.681  Billion
Total Foreign Selling – (PhP  3.997)  Billion
Net Foreign Buying (Selling) –(PhP 0.316)  Billion – 2nd day of Net Foreign Selling after 2 days 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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PHL stocks decline anew on geopolitical concerns

September 7, 2017

AFTER CLIMBING for two straight days, the bellwether index slipped on Wednesday as tensions in the Korean peninsula weighed on local equities.

The Philippine Stock Exchange index (PSEi) dropped by 65.38 points or 0.81% to finish at 7,983.97 yesterday.

The all-shares index also lost 27.72 points or 0.58% to end at 4,739.21.

“Philippine stocks fell alongside other Asian markets, as the simmering global tension provoked by North Korea took center stage,” said RCBC Securities Research in its daily stock market recap.

“Philippine and US stocks sank coming back from a holiday break, as investors sold stocks due to tension at the two divided Korea(s). Look to a negative start as sentiments look to be still weak, with investors eyeing developments at Korea,” said Luis A. Limlingan, business development head at Regina Capital Development Corp.
He said a top North Korean diplomat, Han Tae Song, ambassador to the United Nations in Geneva, confirmed that Pyongyang had successfully conducted its sixth and largest nuclear bomb test on Sunday.

The diplomat said the US “will receive more ‘gift packages’ from my country as long as it relies on reckless provocations and futile attempts to put pressure on the DPRK (Democratic People’s Republic of Korea).”
Mr. Limlingan said Russia’s UN Ambassador Vassily Nebenzia said on Tuesday that a US bid for the Security Council to vote on Sept. 11 on new sanctions is “a little premature.” Russia is a permanent member of the Security Council and has veto power, he added.

“Fed[eral Reserve governor] Lael Brainard said the Fed may have to slow down its pace of interest-rate hikes, citing the recent low readings for inflation,” he said, adding that the Fed official indicated that if low inflation “proves transitory,” then the central bank may continue its current expected pace, for one additional hike in 2017 and three in 2018.

All sectoral indices closed lower yesterday, with mining and oil leading the decline as it dropped 154.77 points or 1.13% to 13,431.82.

Financial stocks were down 19.1 points or 0.96% to 1,963.51; holding firms gave up 70.82 points or 0.89% to 7,870.87; property issues declined by 20.5 points or 0.54% to 3,760.77; services slipped 8.82 points or 0.50% to 1,726.74; and industrials gave up 23.19 points or 0.20% to 11,150.95.

Value turnover came in a P6.72 billion as 2.71 billion shares changed hands, higher than Tuesday’s P5.84 billion worth.

Market breadth was negative, with 111 losing issues as against 71 advancers. A total of 66 stocks finished unchanged. Foreigners were net sellers at P315.63 million, higher than the previous session’s net outflow of P123.61 million.

Other Southeast Asian stock markets also fell on Wednesday as simmering tensions between North Korea and the United States continued to weigh on investor confidence.— VVS with Reuters

Source: http://bworldonline.com/phl-stocks-decline-anew-geopolitical-concerns/

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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.