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 April 11, 2018 Data)

Total Traded Value – PhP 6.517 Billion – Low
Advances Declines – (Ideal is 2:1) 100 Declines vs. 91 Advances = 1.10:1 Neutral
Total Foreign Buying  PhP 3.441 Billion
Total Foreign Selling – (PhP 4.068) Billion
Net Foreign Buying (Selling)  (PhP 0.627)  Billion – 4th 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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PSE index edges towards 8,000 ahead of US data

April 11, 2018 | 6:39 pm

THE MAIN INDEX climbed slightly on Wednesday, moving closer to the 8,000 level, as investors awaited new catalysts such as US inflation data set to be released today.

The local bellwether Philippine Stock Exchange index (PSEi) rose 9.25 points or 0.11% to 7,943.93.
The broader all-shares index declined 3.76 points or 0.07% to 4,813.71.

“Philippine markets traded sideways despite the huge recovery in the US markets [which] will be turning to the FOMC [Federal Open Market Committee] minutes later,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said via text on Wednesday.
Timson Securities, Inc. equity trader Jervin S. de Celis said traders were on the lookout for positive catalysts that can propel the index upward.

“I’m expecting this to continue until tomorrow once the US core inflation report has been released. I think that’s when the market will decide which way to go, Mr. De Celis said in a mobile message today, April 11.

Should US’ March inflation move higher than expected, the US Federal Reserve will likely turn hawkish in tightening borrowing policies. This, in turn, “may put our index between the range of 7,484 and 7,788 level in the next coming weeks,” according to Mr. De Celis.

“On the other hand, if the inflation data is lower than the consensus, the US Fed may reconsider their hawkish stance on raising rates and this event may trigger foreign investors to place their money back to emerging markets like the Philippines,” he added.

Foreign net selling continued to log its fourth consecutive trading day, climbing P627.37 million from the P465.76 million on Tuesday.
Trading volume dropped to 1.23 billion shares valued at P6.52 billion from the 1.70 billion shares worth P7.65 billion recorded in the prior trading day. Decliners trumped advancers at 100 to 91, while 66 names ended unchanged.

Most counters ended in the red. Mining and oil plunged 264.66 points or 2.37% to 10,890.04 points; property fell 39.08 points or 1.07% to 3,607.49 points; financials shed 14.94 points or 0.74% to 2,002.69; and services slid 1.74 points or 0.10% to 1,626.59 points.

Meanwhile, holding firms edged up by 92.63 points or 1.15% to 8,090.58 points and industrials gained 39.83 points or 0.35% to 11,258.22 points. — JCL

Source: http://bworldonline.com/pse-index-edges-towards-8000-ahead-of-us-data/
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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.