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 June 11, 2018 Data)

Total Traded Value – PhP 4.008 Billion – Low
Advances Declines – (Ideal is 2:1) 103 Advances vs. 84 Declines = 1.23:1 Neutral
Total Foreign Buying  PhP 2.053 Billion
Total Foreign Selling – (PhP 2.335) Billion
Net Foreign Buying (Selling)  (PhP 0.282)  Billion – 19th day of Net Foreign Selling after 2 days 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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Volatility expected as focus shifts to Fed review

June 13, 2018 | 12:01 am

By Arra B. Francia, Reporter

INVESTORS will be looking at the US Federal Reserve’s statement at the close of its policy meeting amid an expected thinner trading volume due to the shortened trading week.

The benchmark Philippine Stock Exchange index (PSEi) was up for a second straight day on Monday, rising 0.39% or 30.56 points to 7,771.30. This was amid thinner trading valued at only P4.01 billion, significantly lower than the P5.28-billion turnover seen last Friday.

Financial markets were closed on Tuesday for Independence Day. Trading will once again be suspended on Friday for the Islamic Eid al-Fitr holiday.

“Expect volatile sessions during a three-day trading week, as focus reverts on the international scene,” online brokerage 2TradeAsia.com said, noting the June 12-13 meeting of the US Federal Open Market Committee (FOMC).

The online brokerage said it expects the FOMC to maintain interest rates for now.

“Our view is for a status quo to be adopted for now, set against parallel issues on trade… Also, inflation expectations will be balanced out with the effects of tax cuts implemented at the start of 2018,” the company said.

Meanwhile, Regina Capital Development Corp. Managing Director Luis A. Limlingan noted several economic data to be released this week.

“Investors will be paying close attention to key economic releases this week such as the CPI (consumer price index) report on Tuesday and retail sales on Thursday. In addition, the June FOMC statement will be released on Wednesday at 2:00 PM EDT, followed by Chairman [Jerome] Powell’s press conference at 2:30 PM,” Mr. Limlingan said in a mobile phone message.

At the local front, 2TradeAsia.com is looking at more mergers and acquisitions in the second half of the year.

“Meanwhile, key catalysts at home will be on fiscal spending rollout in the second half of 2018, including increased windows for mergers and acquisition stories that would help improve capital efficiency and competency alliance to outstrip business costs,” the online brokerage firm said.

On the other hand, Regina Capital’s Mr. Limlingan said investors will also be looking at remittances data due for release by the Bangko Sentral ng Pilipinas next week.

Trading at Wall Street was also relatively flat on Monday. The Dow Jones Industrial Average added 0.02% or 5.78 points to 25,322.31. The S&P 500 index gained 0.11% or 2.97 points to 2,782, while the Nasdaq Composite Index also rose 0.19% or 14.41 points to 7,659.92.

Asian markets, meanwhile, were seen adopting a wait-and-see mode on the developments of the meeting between US President Donald J. Trump and North Korean leader Kim Jong Un. Both leaders are currently in Singapore for deals on denuclearization.

Source: http://bworldonline.com/volatility-expected-as-focus-shifts-to-fed-review/

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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.