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 July 11, 2018 Data)

Total Traded Value – PhP 5.161 Billion – Low
Advances Declines – (Ideal is 2:1) 101  Advances vs. 91 Declines  = 1.11:1 Neutral
Total Foreign Buying  PhP 2.921 Billion
Total Foreign Selling – (PhP 3.007) Billion
Net Foreign Buying (Selling)  (PhP 0.086)  Billion – 5th day of Net Foreign Selling after a day of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of PSE.com.ph

PSE HEAT MAP

Screenshot courtesy of PSEGET

Top Ten Foreign Buying and Selling

Top Ten in Total Traded Value

Top Ten Gainers and Losers

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 jumps as investors pick up large-cap issues

July 11, 2018 | 9:00 pm

THE MAIN INDEX jumped on Wednesday on selective buying of large-cap firms, as most investors remained on the sidelines due to lack of new leads.

The bellwether Philippine Stock Exchange index (PSEi) climbed by 1.38% or 100.44 points to 7,333.73 Wednesday, July 11, extending the previous session’s gains. The broader all-shares index also rose 0.78% or 34.57 points to 4,448.01.

“The market is up now because investors were buying certain issues that have fundamentals… The last few weeks we have been supported by one of the major supports at 7,000, volume has been thinning out. The market is just waiting for a catalyst to jerk it up,” Summit Securities, Inc. President Harry G. Liu said in a phone interview Wednesday, July 11.

The day’s top gainers include index heavyweights Ayala Land, Inc., SM Investments Corp., and Bank of the Philippine Islands, which went up 2.05%, 4.15%, and 3.41%, respectively.

The PSEi reflected the positive sentiment in Wall Street overnight. The Dow Jones Industrial Average picked up 0.58% or 143.07 points to 24,919.66, followed by the S&P 500 index which added 0.35% or 9.67 points to 2,793.84. The Nasdaq Composite index was flat with an uptick of 0.04% or 3 points to 7,759.20.

The local market also managed to defy the weak performance of its regional counterparts, which mostly ended in the red as US President Donald J. Trump released a fresh list of tariffs for $200 billion worth of Chinese goods.

Southeast Asian stock markets fell on Wednesday as Washington warned of tariffs on an additional $200 billion worth of Chinese imports, escalating the trade dispute. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.5%.
“With the PSEi’s close at 7,333.73, the index is now only a few points away from its previous high of 7,348.42. We look forward to how US markets will perform tonight as futures have been week the entire day on this recent news,” Papa Securities Corp. trader Gabriel Jose F. Perez said in an e-mail.

Back home, all sectoral indices held their upward trajectory. Holding firms led the day’s jump with an increase of 2.06% or 146.04 points to 7,224.38. Property advanced 1.25% or 44.54 points to 3,601.27; mining and oil firmed up 1.09% or 105.21 points to 9,708.23; while services climbed 0.94% or 13.35 points to 1,432.43.

Financials likewise added 0.58% or 10.55 points to 1,806.51, while industrials ended 0.13% higher or 13.91 points to 10,313.41.

Foreign net sales slowed to P85.69 million on Wednesday from the previous session’s P509.92-million net outflow.
Some 852.34 million issues switched hands, resulting in a P5.16-billion turnover, higher than the previous session’s P5.06 billion.

Summit Securities’ Mr. Liu noted he expects the index to rally “very soon,” moving toward the 7,500 to 7,600 level depending on the time of the rally.

“We’re just looking at medium term up-move, and thereafter we still need a consolidation,” Mr. Liu said. — Arra B. Francia with Reuters

Source: http://bworldonline.com/psei-jumps-as-investors-pick-up-large-cap-issues/

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In line with our VISION, A RESPONSIBLE IN EVERY FILIPINOS HOME, 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/. For those interested in the hard copy, please send email to: ninjatrader919@gmail.com Subject: The Responsible Trader – Hard Copy.

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.

The book can also be ordered online through our publisher, Central Book Supply. Just go to: http://central.com.ph/bookstoreplus then click Search – The Responsible Trader.

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.

Starting with August 11, 2017 data we are including the Top Ten Gainers and Losers for a more comprehensive coverage of significant stock movements during the day.