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 12,  2017  Data)

Total Traded Value –  PhP  9.352  Billion – Medium
Advances Declines Ratio – (Ideal is 2:1)  125 Advances vs. 85 Declines = 1.47:1  Neutral
Total Foreign Buying – PhP 4.007  Billion
Total Foreign Selling – (PhP  3.765)  Billion
Net Foreign Buying (Selling) – PhP 0.242  Billion – first day of Net Foreign Buying after a day 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 climbs ahead of Yellen’s Congress testimony

Posted on July 13, 2017

THE MAIN INDEX rose on Wednesday, nearing the 8,000 level, but still remains in consolidation phase and may be stuck between support and resistance until catalysts emerge.

The bellwether Philippine Stock Exchange index (PSEi) rose 1.02% or 80.23 points to end at 7,938.37 yesterday.

The broader all shares index increased 0.86% or 40.52 points to 4,754.67.

“Once again, the PSEi closes in on the 8,000-level even as the backdrop has not materially changed. In fact, if there have been any changes so far, these have mostly raised concerns, if not outright doubts, on the broad economy’s prospects,” read the market recap of Philstocks Financial, Inc. on Wednesday.

“For now, breaches of the 8,000 line will continue to be met by profit taking, unless a fresh catalyst provides the market enough support to keep above the line,” Philstocks Financial added, noting that investors will mostly be anticipating second quarter earnings releases for catalysts.

“Despite this rally, it appears that the market will stay in a consolidation phase and will move between 7,800 and 8,000 absent any new catalysts,” Manuel Antonio G. Lisbona, president of PNB Securities, Inc., similarly noted in a mobile phone message on Wednesday.

All sectors ended in the green. Property led the charge on Wednesday, jumping 2.14% or 78.3 points to 3,731.65. Holding firms went up 0.93% or 73.39 points to 7,910.91; mining and oil climbed 0.83% or 105.50 points to 12,738.81; industrials rose 0.75% or 82.98 points to 11,145.92; services increased 0.47% or 8.06 points to 1,702.74; and financials inched up 0.06% or 1.33 points to 1,971.83.

Advancers outnumbered losers, 125 to 85, while 42 names closed unchanged.

Value turnover climbed to P9.35 billion yesterday, higher than the P7.17 billion logged on Tuesday, as 1.59 billion shares changed hands.

Foreigners turned buyers anew with net purchases totalling P241.66 million, a turnaround from Tuesday’s net selling of P63.60 million.

Most Southeast Asian stock markets rose on Wednesday in line with broader Asia as fresh controversy over US President Donald J. Trump’s administration had little impact on global equities, with investors looking ahead to Federal Reserve Chair Janet L. Yellen’s comments later in the day.

US stocks took a brief tumble overnight after e-mails disclosed Mr. Trump’s eldest son welcomed help from a Russian lawyer for his father’s 2016 election campaign, but the stocks reversed their losses by close.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4% on Wednesday.

Indonesia inched up 0.5%, helped by strong gains in the financial sector. Thai shares were up as much as 0.3%, supported by industrials and financials, while Vietnam rose as much as 0.6%.

Meanwhile, Singapore shares fell as much as 0.5%. Malaysian shares were largely flat. — JCL with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-climbs-ahead-of-yellen&8217s-congress-testimony&id=148198

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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