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, 2018 Data)

Total Traded Value – PhP 8.020 Billion – Medium
Advances Declines – (Ideal is 2:1) 107 Declines vs.  99 Advances = 1.18:1  Neutral
Total Foreign Buying  PhP 4.025 Billion
Total Foreign Selling – (PhP 4.070)  Billion
Net Foreign Buying (Selling) – (PhP 0.450)  Billion – 2nd day of Net Foreign Selling after 2 days  of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of 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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Shares seen to start September on positive note

September 3, 2018 | 12:01 am
By Arra B. Francia, Reporter

SHARES are expected to rise in the week ahead, taking cues from the positive finish in August and expectations for listed companies’ plans during last quarter of 2018.

The bellwether Philippine Stock Exchange index (PSEi) added 0.03% or 2.55 points to close at 7,855.71 on Friday. On a weekly basis, the index gained 89.24 points or 1.15%, while climbing 2.4% for the month of August.

“The week’s four-day trade swung between gains and losses, as sentiment took its cue from the latest United States-Mexico accord that could pave the way for a renegotiated NAFTA (North American Free Trade Agreement) deal. After moving within 7,679 to 7,875, the PSEi finished the week 89 points stronger at 7,855,” online brokerage 2TradeAsia.com said in a weekly market note.

Holding firms and services lifted the market as they rose 0.35% and 0.12% for the week, respectively. Foreigners recorded average net inflows of P104 million on the back of an average turnover of P7.05 billion last week.
Analysts are looking at a good start for the month of September, with expectations of the PSEi likely breaking the 8,000 resistance level soon.

“We are starting September with a lot of confidence and I have no doubt that the index will break and stay above that 8,000 key level. Breaking above it will start a climb to the upside which may even take us to the previous high of 9,000 before the end of the year,” Eagle Equities, Inc. Research Head Christopher John Mangun said in a weekly market report.
Mr. Mangun noted that springing past the 8,000 level could push the PSEi’s momentum back to the 9,000 mark before the yearend.

“It is all going to come down to an increase in trading volume. Asian emerging markets are proving to be stronger than their counterparts in the west and if foreign investors start to take notice of that, we may see a significant increase in foreign funds,” Mr. Mangun explained.

Meanwhile, 2TradeAsia.com said investors will likely come back to the market given the end of the Chinese ghost month on Sept. 9.

“As the ghost month draws near its close, participants’ attention would be swayed to prospects in store for [the fourth quarter], specifically telco, infra, energy, property/tourism and exploration. It would be timely to start reviewing sequels to other M&A angles, given the resonating call to align resources and expertise accordingly,” the online brokerage said.

Investors will also look at how authorities will combat inflation.

Inflation data for the month of August will be released on Sept. 5. The inflation reading from September to December would have to hit 2.7% in order to stay within the government’s 2-4% range. The local central bank last Friday however said it predicts August inflation to end at 5.9%, faster than July’s 5.7% figure.

2TradeAsia.com placed the PSEi’s immediate support at 7,800, with resistance from 7,950 to 8,000.

Source: http://www.bworldonline.com/shares-seen-to-start-september-on-positive-note/

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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.