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 4,  2017  Data)

Total Traded Value –  PhP  6.551  Billion – Low
Advances Declines – (Ideal is 2:1)   106 Advances vs. 88 Declines = 1.20:1 Neutral
Total Foreign Buying – PhP 2.564  Billion
Total Foreign Selling – (PhP  2.990)  Billion
Net Foreign Buying (Selling) – (PhP 0.426)  Billion –3rd 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 climbs to new high on improved sentiment

October 5, 2017

THE MAIN INDEX extended gains on Wednesday, hitting a new record high once more, as shares tracked gains in the US market.

The bellwether Philippine Stock Exchange index (PSEi) rose 0.37% or 31.12 points to 8,344.05.

The all-shares index climbed 0.32% or 15.84 points to 4,907.84.

“The market seems to relish the new all-time high environment as investors are akin to hold on to their positions as the stock prices rise,” Frank Gerard J. Barboza, equity trader at Angping & Associates Securities, Inc., said via text.

“Optimism in the global market continues to influence local investors. Record high in Wall Street and an expected stronger global growth triggered market players to flock into the market,” First Grade Finance, Inc. Managing Director Astro C. del Castillo said in a mobile phone message.

Investors chose to shrug off news of higher valuations, crawling inflation and noise on the political front, added Mr. Del Castillo.
The three major US stock indexes posted record high closes for the second straight day on Tuesday, helped by gains in airlines and as car makers rose after strong September vehicle sales.

The Dow Jones Industrial Average rose 84.07 points or 0.37% to close at 22,641.67; the S&P 500 gained 5.46 points or 0.22% to 2,534.58; and the Nasdaq Composite added 15 points or 0.23% to 6,531.71.

“We see a continuation of the bullishness across sectors, not to bar the influence on sentiment by major US indices hitting record highs again. We shall observe volume and volatility levels while in this new territory for the PSEi,” Angping & Associates’ Mr. Barboza said.
All sector counters saw gains on Wednesday, led by services, which went up 0.90% or 15.7 points to 1,747.08.

Industrials jumped 0.58% or 64.92 points to 11,180.69; mining and oil increased 0.36% or 50.86 points to 13,930.05; holding firms expanded 0.30% or 25.73 points to 8,452.98; financials rose 0.28% or 5.76 points to 2,002.73; and property edged up 0.19% or 7.45 points to 3,909.37.

Advancers trumped decliners at 106 to 88 as 62 issues were unchanged.

Value turnover went down to P6.55 billion from Tuesday’s P7.25 billion, with 2.48 billion shares changing hands.
For the third consecutive day this week, foreigners dumped shares, with net selling totaling P426.39 million, albeit down from the P689.83-million outflow logged on Tuesday.

“Several key speakers will keep investors searching for cues,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said, noting that St. Louis Fed President James Bullard is anticipated to deliver welcoming remarks at a conference on community banking at the Federal Reserve Bank of St. Louis, with Federal Reserve Chair Janet L. Yellen also expected to deliver remarks during the said event.

“Seems like [the] index could still trek higher but signs of profit taking is most probable,” said First Grade Finance’s Mr. Del Castillo. — Janina C. Lim with Reuters

Source: http://bworldonline.com/psei-climbs-new-high-improved-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.