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 Jan. 13, 2016  Data)

Total Traded Value –  PhP 6.224 Billion –  Low

Market Breadth and Sentiment indicated by Advances Declines Ratio – (Ideal is 2:1 to be considered Bullish or Bearish)  109 Advances vs. 71 Declines  = 1.54:1 Neutral

Total Foreign Buying – PhP 3.252 Billion

Total Foreign Selling – (Php 3.002) Billion

Net Foreign Buying (Selling) – Php 0.250 Billion – 1^st day of Net Foreign Buying after 3 days of Net Foreign Selling

 

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

 

Data from the Philippine Stock Exchange

Screenshot courtesy of: www.pse.com.ph

PSE Heat Map

Screenshot courtesy of: PSEGET Software

 

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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Posted on January 13, 2016 07:41:00 PM

By Krista A. M. Montealegre, Senior Reporter

Stocks surge as markets cheer China trade data

PHILIPPINE STOCKS scored their best day in more than two years following a surprise improvement in China’s trade data, as calmer conditions returned to regional markets after several days of wild swings.

The Philippine Stock Exchange index (PSEi) shot up 163.58 points or 2.58% to end at 6,494.13, its biggest one-day point and percentage increase since Oct. 2, 2013 when the local barometer climbed 164.42 points or 2.7%.

The all-shares index surged 78.85 points or 2.16% to finish at 3,724.31.

“There was momentum from [Tuesday’s] rise so some investors took advantage of that and bought beaten-down stocks in the past few weeks,” Lexter L. Azurin, head of research at Unicapital Securities, Inc., said in a mobile phone message.

The PSEi was coming off a four-day losing streak that dragged the main gauge to its lowest level in nearly two years before staging a two-day technical rebound.

“What also helped the rally was the trade figure in China, which unexpectedly improved,” Mr. Azurin said.

Data from China’s Finance Ministry showed the country’s exports rose 2.3% in December from a year earlier in yuan terms — a turnaround from a 3.75% decline in November — suggesting that the weakening yuan may be helping prop up demand for Chinese products.

“Investors have seen a little stability after China’s better-than-expected trade data. However, we should take this export data with caution, as some analysts said it might be ‘fake trade activities,’” Joylin F. Telagen, equity research analyst at IB Gimenez Securities, Inc., said in a mobile phone message.

All subindices were sharply in the green.

Holding firms advanced 169.79 points or 2.82% to 6,182.40; property jumped 71.56 points or 2.78% to 2,645.48; and industrial went up by 234.19 points or 2.29% to 10,424.47.

Likewise, financials gained 25.45 points or 1.75% to 1,478.88; mining and oil rose 139.70 points or 1.52% to 9,329.68; and services added 14.54 points or 1.04% to 1,405.20.

Value turnover improved to P6.22 billion yesterday after 644.38 million shares changed hands, from Tuesday’s P4.70 billion.

Advancers dominated decliners, 109 to 71, while 32 issues were flat.

Foreign investors returned to buying territory, with net purchases logged at P250.06 million — a reversal of the net outflows of P69.10 million in the previous session.

The Philippine market is poised to test the resistance level at 6,600 — the main index’s previous support level which was breached last week, analysts said.

“We are not of the woods yet. There’s still that uncertainty in China. That will still be the story in the coming days,” Unicapital’s Mr. Azurin said.

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-surge-as-markets-cheer-china-trade-data&id=121404

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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.