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 7, 2016  Data)

Total Traded Value –  PhP  4.977 Billion – Low

Advances Declines Ratio – (Ideal is 2:1) 89 Declines vs. 88 Advances = 1.01:1  Neutral

Total Foreign Buying – PhP 3.148  Billion

Total Foreign Selling – (PhP  2.998 Billion)

Net Foreign Buying (Selling) – PhP  0.150  Billion – 1st day of Net Foreign Buying after 3 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

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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PSEi climbs ahead of key central bank meetings

Posted on December 08, 2016

LOCAL EQUITIES tracked gains from recent US rallies ahead of the policy meeting of the European Central Bank (ECB) and following a referendum defeat that may lead Italy into political turmoil.

The bellwether Philippine Stock Exchange index jumped 0.89% or 60.67 points to end at 6,866.1 on Wednesday.

The broader all-shares index also rose 0.88% or 36.32 points to 4,153.06.

“Locally, stocks edged higher to align with recent US rally, as investors expect to extend its bond-buying program…[and] as Wall Street closed further into record territory, supported by buying in the blue chip bank names,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

US stocks overcame morning weakness to close at session highs despite weakness in crude prices for the first day in five after data showed record output from both the Organization of the Petroleum Exporting Countries and Russia, according to Mr. Limlingan.

“Treasuries struggled to inch higher as investors paused for breath after the recent rout and took stock ahead of the European Central Bank meeting on Thursday and the Federal Reserve policy meeting next week,” Mr. Limlingan said.

Financials led the charge on Wednesday, rising 1.25% or 20.99 points to 1,689.53; holding firms increased 1.06% or 73.10 points to 6,966.41; property gained 0.77% or 23.64 points to 3,060.29; services went up 0.64% or 8.20 points to 1,282.99; and industrial gained 0.3% or 33.24 points to 10,862.21.

Only the mining and oil counter dropped, giving up 0.22% or 27.42 points to 12,075.18.

Value turnover reached P4.98 billion, lower than Tuesday’s P5.78 billion as 1.10 billion shares changed hands. Decliners outnumbered advancers to stand at 89 and 88, respectively, while 47 issues were unchanged.

Foreigners turned net buyers at P150.12 million, a reversal of the previous session’s net sales worth P44.9 million.

Other Southeast Asian stock markets were mostly flat as investors remained cautious ahead of the US Federal Reserve policy meeting next week.

“Most markets are moving sideways and at this point are quite cautious ahead of the Fed meeting,” said Manny Cruz, chief strategist with Asiasec Equities, Inc. The Fed is widely expected to raise interest rates at its meeting on Dec. 13-14.

In Southeast Asia, Indonesian shares were the biggest losers with a fall of 0.70% and were headed for their first session of decline in seven with all major sectors in the red.

Indonesian search and rescue teams used earth movers to clear rubble after dozens of buildings collapsed in Aceh, on the northern tip of Sumatra island, when a 6.4 magnitude earthquake struck early in the morning.

Singapore stocks were flat with gains in financials offset by falls in industrials. Vietnam bounced back from the previous session’s losses. Thailand slipped, weighed down by energy stocks on a decline in oil prices. — with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-climbs-ahead-of-key-central-bank-meetings&id=137446

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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