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 31,  2017  Data)

Total Traded Value –  PhP  11.259  Billion – Medium
Advances Declines – (Ideal is 2:1)  101 Advances vs. 84 Declines = 1:20  Neutral
Total Foreign Buying – PhP 5.981  Billion
Total Foreign Selling – (PhP  5.555)  Billion
Net Foreign Buying (Selling) –PhP 0.426  Billion – first 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

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:

==================================================

PSEi seen range-bound on geopolitical concerns

September 4, 2017

STOCKS will continue trading within range this week amid continued geopolitical tensions offshore.

The Philippine Stock Exchange index (PSEi) edged up 0.02% or 1.84 points to 7,958.57 on Thursday, the last day of the three-day trading week.

Week on week, however, the bellwether index was lower by 0.71% or 56.57 points from its 8,015.14 finish last Aug. 25.

The all-shares index likewise gained 0.03% or 1.27 points to 4,723.27 on Thursday, but was down 25.79 points or 0.54% week on week.

The market saw an average value turnover of P7.8 billion, while purchases by foreign investors stood at P117 million.

“Shares scored lower during the 3-day trading week, as sentiment went on a roller coaster ride from NoKor’s (North Korea) weekend missile test to Hurricane Harvey’s devastation in Texas that affected roughly 20% of US refining capacity,” online brokerage 2TradeAsia.com said in a market note.

Last week, North Korea fired a ballistic missile that passed over northern Japan’s Hokkaido island, causing investors to flock to safe-haven assets.

On Sunday, North Korea said it successfully tested an advanced hydrogen bomb, marking a dramatic escalation in the isolated state’s stand-off with the US over its nuclear weapons program.

Japanese and South Korean officials said an earthquake detected near the North’s test site was around 10 times more powerful than previous detonations, and concluded the North had conducted its sixth nuclear test.

It was the North’s first nuclear test since US President Donald J. Trump took office, and marked a direct challenge to Mr. Trump, who hours earlier had talked by phone with Japanese Prime Minister Shinzo Abe about the “escalating” nuclear crisis in the region.

North Korea said in an announcement on state television that a hydrogen bomb test ordered by leader Kim Jong Un was a “perfect success” and a “meaningful” step in completing the country’s nuclear weapons programs.
2TradeAsia.com said that for this week, investors will be looking at news that can either positively or negatively impact the economy.

Markets will likely react to Pyongyang’s latest move when trading opens today. Other potential drivers of trade this week include Philippine August inflation data due for release tomorrow and the European Central Bank’s monetary policy meeting on Thursday.

“All indicators are slightly bearish at this point and momentum has slightly weakened. The ATR (average true range) is showing an upward trend, hence, expect the market to be more volatile in the coming weeks,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile phone message.

Analysts pegged the PSEi’s immediate support within 7,870 to 7,900, while resistance is at 8,000. — A.B. Francia with Reuters

Source: http://bworldonline.com/psei-seen-range-bound-geopolitical-concerns/

=====================================================
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)

===================================================

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.