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 18, 2018 Data)

Total Traded Value – PhP 7.304 Billion – Low
Advances Declines – (Ideal is 2:1) 107 Declines vs. 103 Advances = 1.04:1 Neutral
Total Foreign Buying  PhP 4.810 Billion
Total Foreign Selling – (PhP 4.367) Billion
Net Foreign Buying (Selling)  PhP 0.443  Billion – first day of  Net Foreign Buying after a day of  Net Foreign Selling

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 halts losing streak on bargain hunting

April 18, 2018 | 6:01 pm

SHARE prices halted a three-day run of declines on Wednesday, as investors sought bargains as global markets provided cause for optimism overnight.

The Philippine Stock Exchange index (PSEi) gained 0.90% or 69.74 points to close at 7,793.13 yesterday, bouncing back from its 100-point decline in the previous trading session. The broader all-shares index also firmed up 0.52% or 24.62 points to end at 4,720.58.

“Technical indicators such as a Bullish Divergence with RSI (relative strength index) as well as optimism from US markets last night from strong first-quarter corporate earnings signaled the possible comeback of the index today. And true enough, the index gained as much as 105 points before (giving up much of its gains to close at) 7,793.13,” Papa Securities Corp. trader Gabriel F. Perez said in an e-mail.

Earnings reports boosted Wall Street’s performance on Tuesday, with the Dow Jones Industrial Average closing 0.87% higher or 213.59 points to 24,786.63. The S&P 500 index jumped 1.07% or 28.55 points to 2,706.39, while the Nasdaq Composite Index climbed 1.74% or 124.81 points to 7,281.10.
“(The PSEi) probably just moving in line with United States markets last night. Could also be due to bargain hunting given yesterday’s move,” China Bank Securities Corp. Research Director Garie Ouano said via text.

Most Asian indices followed suit, also trading on a positive note on Wednesday.

Four sectoral indices stayed in positive territory, led by property which added 1.46% or 52.32 points to 3,619.70. Industrials rose 1.14% or 126.13 points to 11,178.63; financials grew 1.11% or 22.04 points to 1,997.31; while holding firms closed 0.26% higher or 20.29 points at 7,747.10.

On the other hand, mining and oil lost 1.35% or 147.05 points to 10,717.66, while services gave up 0.13% or 2.14 points to 1,587.20.

Some 1.1 billion shares changed hands, resulting to a value turnover of P7.31 billion, slightly higher than Tuesday’s P7.03 billion.

Decliners narrowly beat advancers, 107 to 103, while 40 were unchanged.

Papa Securities’ Mr. Perez noted that net purchases by foreigners amounted to P443.24 million. This was a reversal of the P453.85 million worth of net sales on Tuesday.

“Notably, ALI (Ayala Land, Inc.) had the highest net foreign buying figure of the day of P156.6M,” Mr. Perez said.
Index heavyweight Universal Robina Corp. led the index higher, as the stock gained 2.64% to close at P140. ALI also gained 3.14% to P41, while BDO Unibank, Inc. added 3.01% to P137. — Arra B. Francia

Source: http://bworldonline.com/psei-halts-losing-streak-on-bargain-hunting/

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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.