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 3, 2017  Data)

Total Traded Value –  PhP  6.176  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   99 Advances vs.  81  Declines vs. = 1.22:1  Neutral

Total Foreign Buying – PhP 3.523  Billion

Total Foreign Selling – (PhP  2.876  Billion)

Net Foreign Buying (Selling) – PhP 0.647  Billion – 2nd day of Net Foreign Buying after  2 days  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

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 rebounds to start Q2 as heavyweights gain

Posted on April 04, 2017

STOCKS picked up from last week’s slump to give the second quarter a fresh start, with index heavyweights seen to dictate trading in the coming days.

The 30-member Philippine Stock Exchange index (PSEi) climbed by 0.41% or 29.93 points to close at 7,341.65 on Monday.

The broader all-shares index was also up by 13.71 points or 0.31% to close at 4,413.42.

“The market recovered from the slump last Friday, with stocks like (Ayala Land, Inc.) showing recoveries and others like (SM Prime Holdings, Inc.) with stronger performances,” RCBC Securities, Inc. analyst Jeremy G. Yumul said in a phone interview.

SM Prime Holdings, Inc. was the most active stock on Monday, adding 40 centavos or 1.41% apiece to close at P28.70. Wilcon Depot, Inc. followed as it ended at P5.35 apiece, up by two centavos following its strong stock market debut last Friday.

“Philippine markets got off to a fresh start in [the second quarter], and were undeterred that the major US stock averages ended the session lower on Friday,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in an e-mail.

Wall Street fell on Friday as investors wrapped up a strong quarter and weighed whether corporate earnings reports will justify the market’s lofty valuations.

Investors are now looking to the upcoming quarterly earnings season to justify pricy valuations.

The Dow Jones Industrial Average fell 0.31% to end at 20,663.22, while the S&P 500 lost 0.23% to 2,362.72. The Nasdaq Composite slipped 0.04% to 5,911.74.

RCBC’s Mr. Yumul said investors will assess the plans of big market players, citing San Miguel Corp.’s planned $34-billion investment in projects this year, Jollibee Foods Corp.’s Italy foray, and the Ayala group’s venture into the logistics business.

All counters were in positive territory, although upticks were below 1% for all sectors. Financials led the charge with a 14.06-point or 0.77% increase to 1,834.62, followed by property, which rose 0.73% or 22.70 points to 3,148.63. Services climbed 0.71% or 11.02 points to 1,563.17; mining and oil sector added 0.66% or 78.81 points to 12,051.02; and the industrials and holding firms counters rose by 0.01% apiece to end at 10,949.65 and 7,450.34, respectively.

Advancers trumped decliners, 99 to 81, while 49 issues were unchanged.

Value turnover came in at P6.24 billion on Monday with 1.02 billion shares changing hands, down from Friday’s P9.18 billion.

Net foreign buying ballooned to P647.28 million yesterday from P4.64 million the previous session.

Mr. Yumul said the PSEi could trade within 7,270 to 7,360 in the coming days, with no significant drivers expected.

“We still think the index will trade in the range of 7,250-7,400 this week, without any major leads thus far,” Regina Capital’s Mr. Limlingan added. — Arra B. Francia with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-rebounds-to-start-q2-as-heavyweights-gain&id=143212

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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