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 2, 2018 Data)

Total Traded Value – PhP 4.799 Billion – Low
Advances Declines – (Ideal is 2:1) 116 Advances vs. 94 Declines  = 1.23:1 Neutral
Total Foreign Buying  PhP 2.120 Billion
Total Foreign Selling – (PhP 2.578) Billion
Net Foreign Buying (Selling)  (PhP 0.458)  Billion – first 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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PSE index extends gains as investors buy bargains

July 2, 2018 | 9:00 pm

By Arra B. Francia, Reporter

THE MAIN INDEX started the third quarter on a positive note as investors continued to look for bargains, with sentiment also getting a lift from the positive finishes among international markets last week.

The 30-company Philippine Stock Exchange index (PSEi) rose 0.47% or 34.28 points to 7,227.96 on Monday, extending gains from its jump last Friday. The broader all-shares index went up 0.12% or 5.37 points to 4,398.15.

“Philippine stocks closed higher even with ongoing trade war-related jitters. Market observers continued to note that the continued bargain hunting was a good sign despite the meteoric rise on Friday from window dressing,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile message.

The PSEi managed to defy the downtrend seen in most Asian indices on Monday, which continued to suffer from trade war fears.

Wall Street indices, meanwhile, ended in positive territory on Friday, with the Dow Jones Industrial Average picking up 0.23% or 55.36 points to 24,271.41. The S&P 500 index was up 0.08% or 2.06 points to 2,718.37, while the Nasdaq Composite Index added 0.09% or 6.62 points to 7,510.30.

Locally, the industrials sub-index was the lone sector that ended with a loss, giving up 0.27% or 28.93 points to 10,385.91.

Meanwhile, holding firms led advancers with a gain of 0.90% or 64 points to 7,115.74, followed by mining and oil which jumped 0.77% or 75.18 points to 9,748.40. Services climbed 0.45% or 6.39 points to 1,399.01; financials went up 0.12% or 2.22 points to 1,781.52; while property added 0.07% or 2.79 points to 3,551.90.

A total of 780.25 million issues valued at some P4.8 billion switched hands yesterday, lower than Friday’s turnover of P7.1 billion.
“Notably, value turnover was light at only P4.8B (significantly lower than last Friday’s P7.1B and 20-day average of P6.5B), which shows that today’s move doesn’t have much power,” Papa Securities Corp. trader Gabriel Perez said in an e-mail on Monday.

Advancers outpaced decliners, 116 to 94, while 40 issues were unchanged.

Foreign investors resumed selling their holdings, dumping a net P457.75 million worth of funds from the P526.11 million net purchases they incurred in the previous session.

While the index has been trading above the 7,000 mark for the past five sessions, Philstocks Financial, Inc. expects the market to hit a bottom of 6,800 in August.

“We’re looking at August for the market to bottom to 6,900 or 6,800. 6,800 is the major support. This coincides with the ghost month… We would rather get the negativity out, and then let things settle down and start going back up,” Philstocks Research Head Justino R. Calaycay, Jr said in a media briefing yesterday.

Source: http://bworldonline.com/pse-index-extends-gains-as-investors-buy-bargains/

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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.