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 8, 2017  Data)

Total Traded Value –  PhP  6.476 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   99 Declines vs.93 Advances    = 1.06:1  Neutral

Total Foreign Buying – PhP 3.497  Billion

Total Foreign Selling – (PhP  3.719  Billion)

Net Foreign Buying (Selling) – (PhP  0.222  Billion) – 3rd day of Net Foreign Selling after a day 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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PSEi extends decline as foreign outflows persist

Posted on February 09, 2017

STOCKS continued their decline on Wednesday as trading was nearly flat and foreign investors continued to sell their holdings in the absence of any compelling drivers to change their stance.

The Philippine Stock Exchange index (PSEi) slipped by 0.38% or 27.82 points to close at 7,234.82, while the all-shares index dropped by 0.14% or 6.22 points to 4,379.55.

“Market weakened as foreign flows resumed,” said Miguel A. Agarao, vice-president of Philequity Management, Inc.

“With the 13% from the December low, we were also trading near resistance of 7,400, so a pullback became quite likely,” Mr. Agarao said.

“The market is showing not-too-subtle signs of weakness. Foreigners continues to lean on the sell side, value turnover remains insufficient to sustain intermittent advances,” said Justino B. Calaycay, Jr., head of marketing and research at A&A Securities, Inc. in a trading post yesterday.

He also said the market’s breadth “continues to be pointed south” even as the PSEi trades practically flat.

“Investors’ hesitation to make commitments to their equity portfolio is evident in market activity measured in terms of number of trades per day, and the average value of such trades.”

Value turnover went down to P6.48 billion yesterday from Tuesday’s P6.59 billion, with 5.14 billion stocks changing hands.

Decliners also outnumbered advancers yesterday, 99 to 93, while 46 names closed the session unchanged.

Among the sectoral indices, holding firms as well as mining and oil issues gained some ground, closing higher by 0.65% and 0.54%, respectively, at 7,362.45 and 11,971.85.

All other subindices ended in the red on Wednesday. Leading the decline was the property counter, which shed 1.05% or 35.08 points to close at 3,306.91, followed by services which went down 0.99% or 14.24 points to 1,414.39. Financials also dropped 0.60% or 10.71 points to end at 1,752.79 and industrials slipped by 0.59% or 66.21 points to 11,127.73.

Foreigners continued to dump their stocks, with net foreign selling totalling P222.09 million on Wednesday, lower than the P326.57 million in net outflows seen the previous session.

Most Southeast Asian stock markets also traded lower on Wednesday on a sharp drop in oil prices, while Thai shares edged up ahead of a central bank meeting on interest rates.

Asian shares also fell from four-month highs as investor confidence was hurt by ongoing political and economic uncertainty in the United States and Europe.

“The yen recovered and bounced back while crude oil continued to weaken and regional equities took their cue from those two movements of the commodities,” said Manny Cruz, chief strategist at Asiasec Equities, Inc.

Oil prices fell to a two-week low on Wednesday, extending losses amid oversupply concerns. — V.V. Saulon with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-extends-decline-as-foreign-outflows-persist&id=140347
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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