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 31,  2017  Data)

Total Traded Value –  PhP  7.934  Billion – Low
Advances Declines Ratio – (Ideal is 2:1) 129 Declines vs. 74 Advances  = 1.74:1  Neutral
Total Foreign Buying – PhP 4.241  Billion
Total Foreign Selling – (PhP  4.335)  Billion
Net Foreign Buying (Selling) – (PhP 0.094)  Billion – first day of Net Foreign Selling after 6 days of Net Foreign Buying

          

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:

==================================================

PSEi slips as stocks consolidate anew after climb

Posted on August 01, 2017

THE MARKET opened the week in negative territory as shares consolidated following last week’s strong performance.

The bellwether Philippine Stock Exchange index (PSEi) went down 0.66% or 53.42 points to 8,018.05 on Monday.

The broader all-shares index also dropped 0.49% or 23.74 points to 4,766.86.

“Philippine markets eased substantially on the last day of July after a strong performance for the month overall,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile phone message on Monday.

The PSEi breached the 8,000 mark last week following President Rodrigo R. Duterte’s second State of the Nation Address and also buoyed by the US Federal Reserve’s decision to keep rates steady.

“Technically this is still good, but we will have to observe the market consolidate at these levels,” Manuel Antonio G. Lisbona, president of PNB Securities, Inc., said in a text message yesterday.

Regina Capital’s Mr. Limlingan noted that the International Monetary Fund’s (IMF) comments last Friday on the US dollar being overvalued by 10% to 20% — based on US near-term economic fundamentals — may have also affected market sentiment.

The IMF’s External Sector Report — an annual assessment of currencies and external surpluses and deficits of major economies — showed that external current account deficits were becoming more concentrated in certain advanced economies such as the United States and Britain, while surpluses remained persistent in China and Germany.

Of the sectoral indices, only industrials ended in the green on Monday, climbing 0.19% or 21.62 points to 11,146.20.

On the other hand, services slumped 1.79% or 30.61 points to 1,676.47; property fell 1.22% or 47.10 points to 3,798.97; mining and oil dropped 0.46% or 60.43 points to 12,875.78; holding firms went down 0.42% or 33.88 points to 7,993.88; and financials slid 0.27% or 5.48 points to 1,969.05.

Decliners also outnumbered advancers yesterday at 129 to 74, while 53 names closed unchanged.

Value turnover climbed to P7.93 billion on Monday from Friday’s P6.42 billion, with 1.41 billion issues changing hands.

Foreigners turned sellers, with net outflows recorded at P94.41 million yesterday, a turnaround from Friday’s net purchases worth P632.39 million.

Most Southeast Asian stock markets were likewise subdued on Monday as investors were cautious ahead of a raft of economic data, while yet another missile test by North Korea caused brief jitters.

Indonesia is expected to release this week July inflation and gross domestic product numbers, Thailand and Philippines inflation rates for July, and Malaysia its trade data for June.

Singapore shares slipped 0.3%. Indonesian shares rose marginally.

Thai shares fell as much as 0.5% to their lowest in nearly two week. — JCL with Reuters

Source:
http://www.bworldonline.com/content.php?section=StockMarket&title=psei-slips-as-stocks-consolidate-anew-after-climb&id=149087

=====================================================
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)

===================================================

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