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 23, 2018 Data)

Total Traded Value – PhP 5.482 Billion – Low
Advances Declines – (Ideal is 2:1) 103 Declines vs. 88 Advances  = 1.17:1 Neutral
Total Foreign Buying  PhP 3.098 Billion
Total Foreign Selling – (PhP 3.406) Billion
Net Foreign Buying (Selling)  (PhP 0.308)  Billion – 3rd day of  Net Foreign Selling after a day of  Net Foreign Buying
 

Data from the Philippine Stock Exchange

Screenshot courtesy of PSEGET

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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Stocks edge down as investors look for fresh leads

April 23, 2018 | 8:45 pm

LOCAL EQUITIES barely moved on Monday as investors chose to stay on the sidelines due to a lack of leads.

The 30-member Philippine Stock Exchange index (PSEi) ended 7.25 points lower or 0.09% to 7,719.47 Monday, Apr. 23. The broader all-shares index also fell 0.21% or 10.20 points to 4,677.09.

“Philippine markets began on a quiet note as the market traded almost unchanged while value turnover was nearly half of the average. There were no major economic data releases last Friday, giving minimal guidance to the direction for investors,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

“The market traded sideways for the majority of the day after some initial strength in the morning. This may have been due to some optimism following Friday’s green session… Investors may be waiting for the market’s next move as some only stood on the sidelines Tuesday, Apr. 24,” Papa Securities Corp. trader Gabriel F. Perez said in an e-mail.

All sectoral indices moved to negative territory, led by the mining and oil sector which dropped 1.4% or 149.65 points to 10,532.72. Services went down 0.32% or 5.10 points to 1,564.14, while holding firms gave up 0.24% or 18.99 points to 7,631.93.

Property dipped 0.10% or 3.67 points to 3,587.69; financials slipped 0.07% or 1.57 points to 1,993.32; while industrials closed 0.07% or 7.74 points lower to 11,076.60.

Some 1.04 billion issues switched hands, resulting to a value turnover of P5.48 billion, lower than Friday’s P6.72-billion turnover.

Decliners trumped advancers, 103 to 88, while 57 issues were unchanged.

Foreign investors remained sellers, with net foreign outflows recorded at P308.20 million, slightly lower than the P381.15 million posted last Friday.

Twelve of the top 20 most actively traded stocks declined, with BDO Unibank, Inc. losing 2.31% to P130.90 each; Metro Pacific Investments Corp. went down by 3.45% to P4.48; while Megawide Construction Corp. decreased 3.35% to P23.05 apiece.

Ayala-led Prime Orion Philippines, Inc. was among the top gainers for the day, advancing 5.26% to P3.60 each. Other gainers were Metropolitan Bank & Trust Co., which added 1.99% to P84.55 each, and Bank of the Philippine Islands which rose 1.89% to P108 each.

US markets also ended lower last Friday. The Dow Jones Industrial Average gave up 0.82% or 201.95 points to close at 24,462.94. The Nasdaq Composite index plunged 1.27% or 91.93 points to 7,146.13, while the S&P 500 index also dropped 0.85% or 22.99 points to 2,670.14.

Performances of Asian indices were mixed on Monday, following the lower finishes of its global counterparts. Fears of rising interest rates also weighed down the region, with yields on 10-year US treasury notes rose to 2.9789%, its highest in four years. — Arra B. Francia

Source: bworldonline.com/stocks-edge-down-as-investors-look-for-fresh-leads/

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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.