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 December 13, 2016  Data)

Total Traded Value –  PhP  7.207 Billion – Low

Advances Declines Ratio – (Ideal is 2:1) 88 Advances vs. 87  Declines = 1.01:1  Neutral

Total Foreign Buying – PhP 3.913  Billion

Total Foreign Selling – (PhP  5.024 Billion)

Net Foreign Buying (Selling) – (PhP  1.111)  Billion – 3rd 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

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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Stocks recoup early losses ahead of Fed meeting

Posted on December 14, 2016

LOCAL EQUITIES closed relatively flat on Tuesday, recovering from losses earlier in the day as investors opted to stay on the sidelines with the US Federal Reserve set to begin a two-day policy review that is widely expected to yield the first interest rate hike in a year.

The Philippine Stock Exchange index (PSEi) edged up 0.17% or 12.02 points to end 6,880.91, while the all-shares index crept 0.24% or 10.26 points up to 4,172.65.

Unlike Monday which saw five of six sectoral indices lose, Tuesday saw four indices gain. Analysts yesterday said markets here and abroad seem to have already “priced in” a Fed rate hike later this week, which comes after the December 2015 increase that was the first in nearly a decade of near-zero levels.

“The market ended somewhat flat today gaining just 12 points as most investors stayed on the sidelines ahead of the Fed decision later,” Manuel Antonio G. Lisbona, president of PNB Securities, Inc. said in a mobile phone message.

Mr. Lisbona noted that markets seem to have increasingly priced in a US interest rate hike.

“Markets in general have… been discounting the outcome of the Fed meeting scheduled to happen on Wednesday in the US,” Mr. Lisbona said of the last day of the US policy review.

At the same time, he cautioned that “[i]f the Fed decides to raise at a higher-than-expected rate, we expect a negative reaction for the market,” referring to a 25-basis-point hike that has been priced-in by markets.

Luis A. Limlingan, managing director at Regina Capital Development Corp., noted that the local bourse also took its cue from the Dow Jones industrial average’s record-high finish. The Dow rose 39.58 points or 0.20% to 19,796.43, while the S&P 500 lost 2.57 points or 0.11% to 2,256.96 and the Nasdaq Composite dropped 31.96 points or 0.59% to 5,412.54.

Back home, the PSEi saw financials gain 1.01% or 16.93 points to finish 1,682.79, property grow 0.34% or 10.54 points to 3,110.55, mining and oil edge up 0.01% or 0.97 of a point to 12,034.99 and services inch up 0.00% or 0.06 of a point to 1,277.63.

On the other hand, the industrial index fell 0.49% or 54.27 points to end 10,828.78, while holding firms dropped 0.06% or 4.39 points to 6, 974.36.

Advancers surpassed losers 88 to 87, while 47 issues were flat.

Foreigners continued to dump local shares on Tuesday, ending the day with P1.11-billion net sales that were nearly three times Monday’s P441.05-million sell-off.

Value turnover totaled P7.20 billion, higher than Monday’s P6.27 billion as 904.93 million shares changed hands.

Tuesday’s gainers were led by SM Prime Holdings, Inc., whose shares added 55 centavos or 1.95% to close P28.70 apiece; PLDT, Inc. which added P6 or 0.46% to finish 1,320 each; GT Capital Holdings, Inc. that increased by P20 or 1.59% to P1,280; Megaworld Corp. that rose by two centavos or 0.56% to P3.60; and BDO Unibank, Inc. which gained P2 or 1.79% to P114. — Janina C. Lim

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-recoup-early-losses-ahead-of-fed-meeting&id=137746

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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/

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 P8 Billion b. Medium – Total Traded Value P8 Billion but not more than P15 Billion c. High – Total Traded Value more than P15 Billion