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 February 3, 2017  Data)

Total Traded Value –  PhP  5.673 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   103 Declines vs. 81 Advances = 1.27:1  Neutral

Total Foreign Buying – PhP 3.235  Billion

Total Foreign Selling – (PhP  3.182  Billion)

Net Foreign Buying (Selling) – PhP  0.053  Billion – first 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 ends flat amid jitters over Trump

Posted on February 04, 2017

LOCAL stocks recouped losses on Friday but trading was subdued, as United States President Donald J. Trump stoked tensions across the globe.

The benchmark Philippine Stock Exchange index (PSEi) added less than a point or 0.01% to close at 7,226.70 after falling by as much as 0.55% in early trade.

The wider all-shares index rose 9.32 points or 0.21% to end at 4,375.03.

“The recovery was mainly buoyed by the reversal in index heavyweights. We are trading below average in the past few weeks. The effort to push up or down is very weak. There is a prevailing risk-off sentiment and there’s not much catalyst in the market,” Victor F. Felix, equity analyst at AB Capital Securities, Inc., said in a telephone interview.

Value turnover was light, as investors traded 1.83 billion shares worth P5.67 billion, less than the P5.94 billion registered in the previous day.

“Investors adopted a cautious approach amid fresh worries about the Trump administration’s widening diplomatic rifts with key allies and trade partners and ahead of tonight’s January nonfarm payroll report,” Luis A. Limlingan, business development head at Regina Capital Development Corp., said in a mobile phone message.

The benchmark index dropped 1.46% for the week, mostly due to the 1.45% decline on Tuesday after investors fled risky assets over worries arising from the trade and immigration policies of President Trump.

Subindices finished mixed. Services led the market higher with a gain of 12.65 points or 0.90% to 1,421.62. Industrial went up by 81.88 points or 0.74% to 11,084.93 and financials climbed 11.12 points or 0.63% to 1,763.10.

The mining and oil paced sub-sectors that ended in the red, reeling for the second straight session after the Department of Environment and Natural Resources ordered the closure of 21 mining operations. The counter lost 36.69 points or 0.31% to 11,915.15, after plummeting by 200.73 points or 1.65% on Thursday.

“We can expect more volatility next week as more companies release disclosures to do damage control. The downtrend will continue but you can expect a technical rebound as these stocks reach oversold levels,” AB Capital’s Mr. Felix said.

Holding firms shed 38.52 points or 0.52% to 7,334.81 and property slipped 6.32 points or 0.19% to 3,287.14.

Losers dominated gainers, 103 to 81, while 48 issues were flat.

Foreigners returned to the market, posting P52.65 million in net purchases and reversing the P243.20-million net sales in the previous session. – By Krista Angela M. Montealegre, National Correspondent

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-ends-flat-amid-jitters-over-trump&id=140113
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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