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 27,  2017  Data)
Total Traded Value –  PhP  3.597  Billion –  Low
Advances Declines – (Ideal is 2:1)  104  Declines vs. 103 Advances    = 1.01:1 Neutral
Total Foreign Buying – PhP 1.704  Billion
Total Foreign Selling – (PhP 1.355)  Billion
Net Foreign Buying (Selling) – PhP 0.349  Billion – 3rd day of Net Foreign Buying after 4 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:

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Local stocks extend climb on window dressing

December 28, 2017

By Arra B. Francia, Reporter

LOCAL EQUITIES firmed up on the last trading week of 2017 on window dressing despite thinner trading volume.

The 30-member Philippine Stock Exchange index (PSEi) gained 58.6 points or 0.69% to 8,490.91.

The broader all-shares index also increased by 0.40% or 20.1 points to 4,941.51.

“Today we were up by 58 points because start na ng window dressing for the closing of the books of the listed firms. Ganyan talaga ang mangyayari ngayon (That is really what’s going to happen now), the index is now expected to go up and maintain its 8,400 level,” A&A Securities, Inc. Analyst Jeng T. Calma said in a phone interview on Wednesday.

Wednesday’s gains come amid a value turnover of only P3.6 billion after 1.23 billion issues changed hands, significantly lower than the P10.15-billion turnover the market recorded last Friday.
“In a holiday shortened week, with most global markets closed on Monday, volumes stayed low given many traders will be away until after New Year,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile phone message.

Mr. Limlingan added that there was little market moving news to boost the bourse until the end of the year.

Meanwhile, A&A’s Ms. Calma noted that with the continued window dressing among investors, the bellwether index could close within the 8,500 to 8,600 level by the end of 2017.

All sectoral indices moved to positive territory by the end of the trading day, with the property sector leading the charge with a 1.19% increase or 46.44 points to 3,950.50. Financials climbed 0.72% or 15.64 points to 2,174.59; services rose 0.59% or 9.51 points to 1,613.82; while industrials increased 0.56% or 62.70 points to 11,189.06.

The holding firms counter increased 0.37% or 32.32 points to 8,620.46, while mining and oil saw a 0.09% uptick or 10.31 points to 11,385.27.

Decliners and advancers were almost equally split, 104 to 103, while 43 names were flat.

Net foreign buying widened to P349.46 million on Wednesday, up from the P185.23-million net inflow recorded last Friday. Markets were closed on Monday and Tuesday for the Christmas holidays.

The local market defied the movement of US stocks, which declined on Tuesday as Apple and shares of its parts suppliers weakened on a report of soft iPhone X demand, which pulled technology shares lower.

According to Taiwan’s Economic Daily, citing unidentified sources, Apple will slash its sales forecast for its flagship phone in the current quarter to 30 million units, down from what it said was an initial plan of 50 million units.

The Dow Jones Industrial Average fell 7.85 points or 0.03% to 24,746.21; the S&P 500 lost 2.84 points or 0.11% to 2,680.50; and the Nasdaq Composite dropped 23.71 points or 0.34% to 6,936.25. — with Reuters

Source: http://bworldonline.com/local-stocks-extend-climb-window-dressing/

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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.