Top Ten Smart Money Moves – April 13, 2018
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 13, 2018 Data)
Total Traded Value – PhP 6.094 Billion – Low
Advances Declines – (Ideal is 2:1) 134 Declines vs. 76 Advances = 1.76:1 Neutral
Total Foreign Buying PhP 2.879 Billion
Total Foreign Selling – (PhP 3.708) Billion
Net Foreign Buying (Selling) (PhP 0.829) Billion – first 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 falls below 8,000 amid Middle East uncertainty
April 13, 2018 | 6:16 pm
PHILIPPINE stocks slipped below 8,000 on Friday as investors kept remained cautious amid rising tensions in the Middle East.
The bellwether Philippine Stock Exchange index (PSEi) dropped 143.09 points or 1.78% to 7,899.98 points. The broader all-shares index shed 64.17 points or 1.32% to 4,794.65 points.
“A bloodbath marked the end to an anaemic trading week for the Philippine markets as several developments kept investors in a cautious stance,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile message on Friday.
US President Donald J. Trump on Wednesday spooked markets after he warned “missiles will be coming” to Syria, as a response to an alleged chemical attack by the Russia-backed government.
The following day, Mr. Trump said he has not made a “final decision” on how to respond to the situation in Syria.
Moscow has warned against any action that could create a conflict between the United States and Russia.
“However, the uneasiness continues overall given the ever changing developments has led to thinner volumes and with some uneasiness as well,” Mr. Limlingan said, noting Mr. Trump has hinted of possibly re-joining the Trans-Pacific Partnership amid a trade spat with China.
“I think investors are really rattled by the escalating tensions in the Middle East right now so they are probably shifting their funds from equities to the commodities market,” Timson Securities, Inc. equity trader Jervin S. de Celis said in a mobile message on Friday.
Mr. de Celis said investors may be on the lookout for potential disruptions in oil supply and may even take advantage of the conflict in the oil-producing region as concerns over lack of supply may lift prices.
Trading volume continued to expand at 3.18 billion on Friday which was valued at P6.09 billion, well-above Thursday’s 1.45 billion valued at P5.94 billion.
Losers trumped winners, 134 to 76, while 43 names were unchanged.
Foreigners turned sellers on Friday with net selling at P829.503 million versus Thursday’s net purchases at P152.80 million.
All counters ended Friday in negative territory.
Holding firms saw the biggest losses, slumping 233.30 points or 2.87% to 7,908.83 points; while the property counter fell 63.20 points or 1.72% to 3,604.93 points.
Industrials slid 95.06 points or 0.84% to 11,256.58 points; while services edged lower by 13.91 points or 0.84% to 1,635.66 points and mining and oil fell by 76.14 points or 0.68% to 11,168.81 points.
Financials dropped 5.21 points or 0.26% to 2,028.63 points. — Janina C. Lim
Source: bworldonline.com/psei-falls-below-8000-amid-middle-east-uncertainty/
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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.