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 9, 2017  Data)

Total Traded Value –  PhP  5.245 Billion – Low

Advances Declines Ratio – (Ideal is 2:1)  104 Advances vs. 88 Declines = 1.18:1  Neutral

Total Foreign Buying – PhP 2.149  Billion

Total Foreign Selling – (PhP  1.947  Billion)

Net Foreign Buying (Selling) – PhP  0.202  Billion – 7th 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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PSEi extends gains on positive market sentiment

Posted on January 10, 2017

THE LOCAL MARKET extended its gains into the second week of this year’s trading, as investors remain optimistic about the global economy’s direction despite mixed signals from the United States and China.

The Philippine Stock Exchange index (PSEi) advanced 28.14 points or 0.38% to 7,276.34 on Monday, surviving a volatile session that witnessed the benchmark open at 7,255.18 and touch 7,210.80 before closing to its intraday high.

The broader all-shares index likewise continued to rise, gaining another 12.35 points or 0.28% to close at 4,366.15.

“I think investors are embracing the new normal,” Joylin F. Telagen, equity analyst at I.B. Gimenez Securities, Inc., said in a mobile phone message, citing the positive albeit weaker-than-expected jobs data from the US and the resolve of president-elect Donald J. Trump to bolster the economy.

Nonfarm payrolls in the US increased 156,000 last month, below the 178,000 forecast by the market, news service Reuters reported on Friday.

“However, a jump in wages pointed to sustained labor market momentum,” noted Luis A. Limlingan, head of business development at Regina Capital Development Corp., with the 2.90% annual increase in average hourly earnings being the biggest since June 2009.

Investor concerns over the continuous decline in China’s foreign-exchange reserves partly brought local stocks to a choppy ride during the session.

“As for Asia, China’s foreign-exchange reserves fell to their lowest level in nearly six years during December. The People’s Bank of China announced Saturday that the nation’s foreign-exchange reserves fell $41.08 billion month on month to $3.011 trillion, the lowest level since March 2011,” Mr. Limlingan said.

Still, the local market ended in the green, with 104 names advancing, 88 declining and 48 remaining unchanged.

Only the holding firms sector stayed in the negative territory with a 4.35-point or 0.05% decline to 7,396.84. The services sector, on the other hand, led other sub-indices during the session, climbing 26.62 points or 1.93% to 1,404.65.

Financials ascended by 6.49 points or 0.37% to 1,757.98; mining and oil by 36.77 points or 0.29% to 12,385.12; industrial by 12.70 points or 0.11% to 11,060.73; and property by 1.59 point or 0.04% to 3,281.19.

Value turnover, however, dropped to about P5.25 billion from P8.56 billion, with 5.69 billion issues exchanging hands. Foreign investors brought in P202.11 million more than what they pulled out from the market during the session.

“With the index nearing its resistance, we might see some profit taking in the near term at around 7200. But a breakthrough to 7,300 might welcome 7,500,” I.B. Gimenez’s Ms. Telagen noted.

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-extends-gains-on-positive-market-sentiment&id=138820
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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