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 19, 2018 Data)

Total Traded Value – PhP 11.761 Billion – Medium
Advances Declines – (Ideal is 2:1) 171 Declines vs. 58 Advances = 2.95:1 Bearish
Total Foreign Buying  PhP 5.390 Billion
Total Foreign Selling – (PhP 8.053) Billion
Net Foreign Buying (Selling)  (PhP 2.663)  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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Main index fails to recover above 7,700 mark

April 19, 2018 | 6:07 pm

By Arra B. Francia, Reporter

THE Philippine Stock Exchange index (PSEi) staged a last-minute recovery from a slump that marked much of Thursday, but still failed to finish above the 7,700 line as investors may have digested recent reports on the country’s economy that flagged the possibility of overheating.

PSEi ended Thursday down 110.89 points or 1.42% to close 7,682.24 — its weakest in nearly a year or since April 27, 2017’s 7,661.01 finish — while the all-shares index dropped 54.93 points or 1.16% to end 4,665.65.

PSEi had opened Thursday 1.33% weaker at 7,689.35, fallen by as much 3.28% to 7,537.42 in the afternoon and marked its highest point at 7,756.40.

The benchmark index ignored the rise of its Asian peers: Japan’s Nikkei 225 and TOPIX Index, Hong Kong’s Hang Seng Index, South Korea’s KOSPI Index, Shanghai Composite Index, the Straits Times Index and the Jakarta Composite by 0.15%, 0.03%, 1.40%, 0.25%, 0.85%, 1.12%, 0.46%, respectively.

One analyst pointed to recent warnings that March’s 4.3% inflation, which topped an official 2-4% target range for the entire 2018 and was the fastest in at least five years, could be a harbinger of overheating — meaning the Philippine economy cannot sustain its currently high growth rate. “With inflation getting over the 2-4% during the month of February and March, this has somehow affected the investors, mainly the foreign investors are selling at this point,” Diversified Securities, Inc. trader Aniceto K. Pangan said via phone, also noting a report by the World Bank saying that the Philippine economy is at the risk of overheating.

Five sectoral indices closed lower: property by 80.21 points or 2.21% to 3,539.49; holding firms by 147.81 points or 1.9% to 7,599.29; industrials by 190.97 points or 1.7% to 10,987.66; services by 18.81 points or 1.18% to 1,568.39, as well as mining and oil by 21.65 points or 0.20% to 10,696.01.

Only financials gained: by 9.92 points or 0.49% to finish 2,007.23.

Thursday’s list of 20 most active stocks showed only two gained: Bank of the Philippine Islands whose share price increased by 4.81% to finish P109 apiece and Metropolitan Bank & Trust Co. which added 1.27% to close P83.50 each.

Leading those that closed lower were Alliance Global Group, Inc.; Megaworld Corp.; JG Summit Holdings, Inc. and PLDT, Inc. which gave up 4.93% to P13.50; 4.89% to P4.28; 3.92% to P60; and 3.52% to P1,370 each respectively.

Thursday saw 1.82 billion stocks worth P11.76 billion changing hands, compared to Wednesday’s 1.1 billion worth P7.31 billion. Stocks that declined outnumbered those that gained nearly threefold at 171 to 58, while 31 were unchanged,

Foreign investors turned predominantly bearish, making Thursday end with P2.66 billion in net sales — the biggest outflow since March 29, 2017’s P6 billion — compared to Wednesday’s P443.24-million net buying.

Source: http://bworldonline.com/main-index-fails-to-recover-above-7700-mark/

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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.