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 August 29,  2017  Data)

Total Traded Value –  PhP  6.874  Billion – Low
Advances Declines – (Ideal is 2:1)  103 Declines vs. 84 Advances = 1:23  Neutral
Total Foreign Buying – PhP 4.271  Billion
Total Foreign Selling – (PhP  4.290)  Billion
Net Foreign Buying (Selling) –(PhP 0.019)  Billion – first day of Net Foreign Selling after 2 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

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 drops below 8,000 on geopolitical tensions

August 30, 2017

STOCKS dropped below the 8,000 line on Tuesday following concerns over North Korea’s recent launching of a missile over Japan earlier in the day.

The Philippine Stock Exchange index (PSEi) shed 0.83% or 66.75 points to 7,948.39 yesterday, as investors were cautious amid geopolitical tensions between North Korea, Japan, and the US. The all-shares index also dropped 0.59% or 28.38 points to 4,720.68.

“It looks like the market was negatively affected by the missile North Korea launched over Japan… We are expecting tensions to rise again between Japan, the US, North Korea and quite possibly China,” PNB Securities, Inc. President Manuel Antonio G. Lisbona said in a text message on Tuesday.

Pyongyang fired an intermediate-range missile over Japan on Tuesday, weeks after North Korean leader Kim Jong-un threatened to target Guam with the same missiles.

Japan Prime Minister Shinzo Abe called the launch an “unprecedented and grave threat” to their country’s security, then called for an emergency meeting alongside US President Donald J. Trump with the United Nations security council to discuss the incident.

“Today we saw another down day as geopolitical tensions rise with NoKor (North Korea)’s ICBM (intercontinental ballistic missile) launching over Hokkaido, Japan. We may expect traders to take an even more risk averse stance amid concerns on the nuclear threats,” Frank Gerard J. Barboza, equity trader at Angping & Associates Securities, Inc., said in a text message on Tuesday.

Most Asian stocks slipped on Tuesday following the missile launch, with the Japan Nikkei 225 dropping 0.45% or 87.35 points to 19,362.55 and South Korea’s KOSPI index losing 0.23% or 5.56 points to 2,364.74.
MSCI’s index of Asia-Pacific shares outside Japan also shed as much as 0.9%. In Southeast Asia, Malaysian shares led the decline, with the main stock index falling to a more than one-month low. Singapore shares fell as much as 0.7% before reversing losses to trade 0.2% down.

Back home, most sectoral counters moved to negative territory save for mining and oil, which ended with a gain of 0.47% or 61.85 points to 13,118.55.

The services sector led losers as it dropped 1.49% or 25.83 points to 1,698.1, followed by industrials, which lost 0.98% or 109.88 points to 11,018.85. Property slipped 0.86% or 32.66 points to 3,733.6; holding firms closed 41.76 points or 0.53% lower at 7,837.48; and financials dipped 0.18% or 3.7 points to close at 1,987.79.
The market saw a value turnover of P6.87 billion after 1.35 billion issues changed hands, rising slightly from the previous session’s P6.25 billion.

Decliners outpaced advancers, 103 to 84, while 51 issues were unchanged.

Foreigners took a selling position, with net outflows recorded at P19.37 million, reversing last Friday’s net foreign buying of P17.52 million. — Arra B. Francia with Reuters

Source: http://bworldonline.com/psei-drops-8000-geopolitical-tensions/

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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 continues to receive positive response and comments from our readers. To reach a wider audience we have made the book available through selected branches of National Bookstore:

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.