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 17, 2017  Data)

Total Traded Value –  PhP  4.384  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)  106 Declines vs. 74 Advances = 1.43:1  Neutral

Total Foreign Buying – PhP 1.841  Billion

Total Foreign Selling – (PhP  1.951  Billion)

Net Foreign Buying (Selling) – (PhP 0.109  Billion) – first day of Net Foreign Selling after 9 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

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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Stocks drop in thin trading after Lenten break

Posted on April 18, 2017

THE local barometer fell on Monday as investors looked for positive catalysts after the long holiday break.

The 30-member Philippine Stock Exchange index slipped 41.11 points or 0.53% to close at 7,588.53 on Monday after a two-day break.

The broader all-shares index likewise sank to 4,530.50, lower by 22.19 points or 0.48% from the previous trading day.

“Philippine markets started on a negative note as value turnover remained small due to long holidays and lack of positive catalysts,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

AP Securities, Inc. Equity Trader Frank Gerard J. Barboza was of the same view, saying that narrow volatility came with the thin volume trading.

“Traders seem to come slow from the long weekend and we might see volume pick up in the coming days,” Mr. Barboza said.

Value turnover came in at just P4.38 billion on Monday with 707.87 million shares changing hands, from April 12’s P6.19-billion worth.

Recent developments abroad, including the failed missile launch in North Korea and the US’ supposed retaliation, may have caused jitters among investors, analysts said.

“Tension between Washington and Pyongyang has escalated in recent weeks, unnerving Asian markets,” Mr. Limlingan said.

The Dow Jones Industrial Average slipped 0.67% or 138.61 points last week to close at 20,453.25; the S&P 500 Index likewise slipped 0.68% or 15.98 points to 2,328.95.

Meanwhile, yesterday, the Nikkei Stock Average 225 rose 0.11% or 19.63 points to 18,355.26, while the Hong Kong Hang Seng Index closed 0.21% lower, losing 51.84 points to end at 24,261.66.

All local sectoral counters ended in negative territory, although declines were at less than 1% each. Services slipped 0.97% or 15.78 points to 1,598.40, followed by property which fell 26.06 points or 0.78% to 3,305.01. Industrials went down 0.69% or 78.57 points to 11,299.07; financials fell 0.56% or 10.71 points to 1,877.73; mining and oil dipped by 0.38% or 46.77 points to 12,100.16; and holding firms inched down by 0.16% or 12.55 points to 7,670.64.

Decliners beat advancers, 106 to 74, while 50 shares remained unchanged.

Foreigners turned sellers, with outflows logged at a net P109.65 million, a reversal of last Wednesday’s net foreign buying of P109.05 million.

“Right now we’re mostly down across sectors and real sentiments should reveal as better trade volume comes,” AP Securities’ Mr. Barboza said.

Most Southeast Asian stock markets likewise fell on Monday as investors sought refuge in safe-haven assets in the wake of mounting geopolitical tensions.

Already bruised by worries over North Korea and upcoming French elections, global investor sentiment was further hurt by weak US economic data. — Arra B. Francia with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=Stocks-drop-in-thin-trading-after-Lenten-break&id=143832

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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/.

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.

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