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 7,  2017  Data)

Total Traded Value –  PhP  4.884  Billion – Low
Advances Declines Ratio – (Ideal is 2:1) 99 Declines vs. 88 Advances = 1.13:1  Neutral
Total Foreign Buying – PhP 2.155  Billion
Total Foreign Selling – (PhP  2.196)  Billion
Net Foreign Buying (Selling) –(PhP 0.0410)  Billion – first day of Net Foreign Selling
After 3 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

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 climb as Wall Street cheers payrolls data

Posted on August 08, 2017

THE Philippine Stock Exchange index climbed on Monday, reflecting the positive performance of markets in the United States, alongside optimism for the local central bank to leave policy rates unchanged.

The main board soared by 0.74% or 59.45 points on Monday to end at 7,992.27.

The broader all-shares index likewise rose by 0.4% or 18.98 points to 4,753.36.

“Local shares traded higher feeding off US equities ending the session higher after posting a solid set of July jobs data,” Regina Capital Development Corp. Luis A. Limlingan said in a mobile phone message.

The Dow Jones Industrial Average continued its ascent beyond the 22,000 mark, as it added 0.3% or 66.71 more points on Friday to end at 22,092.81. Both the Nasdaq Composite Index and S&P 500 were also up, ending 0.18% higher to 6,351.56 and 0.19% to 2,476.83, respectively.

Index heavy weights SM Prime Holdings, Inc. and Ayala Land, Inc. (ALI) released their first-half earnings results on Monday, with both companies showing positive performances for the period. The Sy-led company booked a 15% increase in earnings to P7.79 billion in the second quarter, while ALI reported an 18% growth to P5.95 billion.

“The market is still on consolidation as it absorbs the earnings reports of index heavy weights… Ayala showed good results, so there’s positive outlook for the sector,” Diversified Securities, Inc. equities trader Aniceto K. Pangan said in a phone interview.

Mr. Pangan also noted that investors are anticipating the result of the Bangko Sentral ng Pilipinas (BSP) meeting this Thursday.

“Locally, BSP meets Aug. 10. We expect the BSP to leave policy rates unchanged, keeping the overnight reverse [repurchase] rate at 3% and the overnight deposit rate at 2.5%. However, we think that the reserve requirement ratio is likely to be cut as Governor [Nestor A.] Espenilla [Jr.] has indicated more space for monetary fine-tuning,” Regina Capital’s Mr. Limlingan said.

All sectors ended in the green, with holding firms leading the climb with a gain of 1.02% or 80.4 points to 7,961.51. The financial subindex followed, ending at 1,983.83, up by 0.72% or 14.63 points; services added 0.60% or 10.05 points to 1,668.83; mining and oil gained 0.48% or 61.85 points to 12,878.44; industrials rose by 0.18% or 20.45 points to 11,179.60; while the property sector added 0.01% or 0.6 point to 3,757.83.

A total of 1.40 billion issues changed hands for a total value turnover of P4.88 billion, lower than Friday’s P6.36 billion.

“As you can see the value turnover is below normal, it’s just around P4 billion. So there’s not much movement in the market,” Diversified Securities’ Mr. Pangan said.

Net foreign selling was logged at P40.82 million, reversing last Friday’s P18.11-million net purchases.

Despite a climb in the main index, decliners outpaced decliners, 99 to 88, while 59 issues were unchanged. — Arra B. Francia

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=Shares-climb-as-Wall-Street-cheers-payrolls-data&id=149446

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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