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 January 3, 2017  Data)

Total Traded Value –  PhP  2.683 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)  89 Advances vs. 79 Declines = 1.13:1  Neutral

Total Foreign Buying – PhP 1.552  Billion

Total Foreign Selling – (PhP  1.233 Billion)

Net Foreign Buying (Selling) – PhP  0.319  Billion – 3rd day of Net Foreign Buying after 12 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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Stocks eke out gains as investors stay cautious

Posted on January 04, 2017

STOCKS closed in the green on the first trading day of 2017, although gains were meager even as investors started placing their bets in a year that is expected to see the outcome of what transpired in the past few months.

The Philippine Stock Exchange index (PSEi) went up by 20.67 points or 0.30% to 6,861.31 on Tuesday following a four-day break. The all-shares index also gained 10.49 points or 0.25% to 4,166.56.

“Players might begin to place their bets on stocks that have better prospects for this year. As most have already priced in the global benchmarks such as ‘Brexit’, the Fed[eral Reserve] rate hike and the elections, investors would now focus on how these would pan out for the year,” 2TradeAsia.com said ahead of yesterday’s session.

With stocks indeed remaining lackluster yesterday, A&A Securities, Inc. said in a report that it was guarded on its expectations for the year.

“The technical indicators aren’t exactly encouraging going into 2017 but the fundamentals are still embracing a rather optimistic narrative. These disparate suggestions, if you will, coming from the two major schools of thought in stock market analysis results in an even greater uncertainty — heightened risks on the outlook,” it said.

“Economic managers and the business sector have hinged their hopes on the verifiable numbers of the recent past while market investors appear to be casting some doubts on those hopes,” it added.

All sectoral subindices ended in the green except for services, which slipped by 1.36 point or 0.10% to close the session at 1,301.50.

However, increases were tepid, with the remaining sectors posting gains below 1%. Mining and oil led the increase, rising by 0.83% or 98.84 points to 11,956.60. Industrials followed, going up 0.66% or 70.96 points to 10,721.16; while holding firms climbed 0.27% or 18.91 points to 7,011.00; property ticked higher by 0.16% or 5.16 points to 3,071.62; and financials gained 0.08% or 1.42 point to close Tuesday’s session at 1,656.96.

Globe Telecom, Inc., Ayala Corp., PLDT, Inc., Pilipinas Shell Petroleum Corp. and SM Prime Holdings, Inc. were the five most active stocks.

Imperial Resources, Inc., Vitarich Corp. and Arthaland Corp. were the three top gainers, while Central Azucarera de Tarlac, Jackstones, Inc. and Omico Corp. led the losing stocks.

Value turnover came in at just P2.68 billion on Tuesday, well below the P6.31 billion recorded last Thursday, as 664.21 million shares changed hands.

Advancers beat decliners, 89 to 79, while 42 names closed unchanged. Net foreign buying was higher yesterday at P319.05 million from the P256.53 million recorded the previous session.

2TradeAsia.com placed the PSEi’s immediate support at 6,800 and resistance at 6,950,

Most Southeast Asian markets also began 2017 on weaker footing on Tuesday, little supported by signs of solid factory growth in China. — VVS with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-eke-out-gains-as-investors-stay-cautious&id=138507
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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 P8 Billion b. Medium – Total Traded Value P8 Billion but not more than P15 Billion c. High – Total Traded Value more than P15 Billion