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 5,  2017  Data)

Total Traded Value –  PhP  6.462  Billion – Low
Advances Declines Ratio – (Ideal is 2:1)  114  Advances vs. 87 Declines = 1.31:1  Neutral
Total Foreign Buying – PhP 2.958  Billion
Total Foreign Selling – (PhP  3.342)  Billion
Net Foreign Buying (Selling) – (PhP 0.384)  Billion – 2nd day of Net Foreign Selling after 3 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:

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PSE index ekes out gains as June inflation slows

Posted on July 06, 2017

STOCKS eked out gains at the last minute on Wednesday, tracking the US futures market as Wall Street was closed for a holiday.

The bellwether Philippine Stock Exchange index (PSEi) traded mostly flat during the day before ending with a 0.19% gain or 14.88 points to 7,848.84.

The broader all-shares index rose 0.33% or 15.8 points to 4,712.70.

“Breadth continues to be positive for a third straight session, indicating investors are pouring in a decent amount into equities as the PSEi hit the 7,800 mark,” read Philstocks Financial, Inc.’s market recap report.

Advancers outnumbered losers at 114 to 87 on Wednesday, while 43 issues closed the session unchanged.

Value turnover reached P6.46 billion, higher from Tuesday’s P4.74 billion, as 1.61 billion shares changed hands.

“With inflation coming in slower for a second straight month, pressure on a possible rate increase eases back,” Philstocks Financial added, noting that the main index is seen to hover between 7,800 and 7,900, with economic data due this week expected to lean on the positive side.

The Philippine Statistics Authority reported yesterday that inflation came in at 2.8% last month, easing from May’s 3.1% but still faster than the 1.9% tallied in June 2016.

The figure is likewise the slowest since January’s 2.7% print, and is softer than the 3% median forecast in a BusinessWorld poll among 13 economists last week. It also falls within the central bank’s 2.4-3.2% estimate range for June inflation.

Regina Capital Development Corp. Managing Director Luis A. Limlingan said the local market likely echoed the sentiment of US futures market which were little changed as investors celebrated Independence Day.

“If history is any indication, markets are poised for a solid second half of the year. However, analysts are concerned that a legislative battle over health care and a slowing US economy could weigh on the equity markets,” Mr. Limlingan said in a mobile message.

The minutes of the June meeting of the Federal Open Market Committee are also set to be released this week and are expected to shed light on the cautiousness expressed by at least one US central bank governor and a few regional presidents after the decline in price pressures in the past months.

All sectoral counters saw gains on Wednesday, albeit below 1% across the board.

Industrials led the charge, rising 0.53% or 59.26 points to 11,104.45; services climbed 0.30% or 5.19 points to 1,693.14; holding firms increased 0.26% or 21.12 points to 7,872.97; property edged up 0.08% or 3.06 points to 3,632.91; mining and oil went up 0.07% or 9.28 points to 12,648.84; and financials inched up 0.07% or 1.43 points to 1,938.75.

Foreigners, however, continued to dump their shares yesterday, with net selling coming in at P384.11 million, smaller than the prior trading day’s P508.48-million net outflow. — Janina C. Lim

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=pse-index-ekes-out-gains-as-june-inflation-slows&id=147808

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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