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 14,  2017  Data)

Total Traded Value –  PhP  22.859  Billion –  High
Advances Declines Ratio – (Ideal is 2:1)  106 Advances vs. 94 Declines  = 1.13:1  Neutral
Total Foreign Buying – PhP 17.760  Billion
Total Foreign Selling – (PhP  6.378)  Billion
Net Foreign Buying (Selling) – PhP 11.382  Billion –13th 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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PHL shares post gains ahead of Fed rate decision

Posted on June 15, 2017

STOCKS swung from losses to gains in the first two days of the shortened trading week as investors await strong catalysts ahead of news on the direction of interest rates in the US.

The Philippine Stock Exchange index (PSEi) on Wednesday finished higher by 48.12 points or 0.60% to 7,966.01 after slipping the other day when investors once again locked in gains. The broader all shares index moved up 21.63 points or 0.45% to 4,729.05.

“Philippine markets traded in an upward bias as it awaited the outcome from the FOMC (Federal Open Market Committee),” said Luis A. Limlingan, business development head at Regina Capital Development Corp. “The Fed has been confronted recently with softer inflation data and only scattered evidence of an expected re-acceleration of activity.”

He said market observers “are nearly unanimous in the view that the fed funds rate will be raised, with a nearly 100% chance of an interest-rate increase.”

Sectoral indices were in the green except for the oil and mining sector, which slipped by 9.14 points or 0.07% to 12,482.37. Services led the gainers with a 21.28-point rise or 1.22% to finish at 1,756.94. Holding firms likewise rose 51.28 points or 0.65% to 7,907.09; financials finished 8.13 points higher or 0.41% to 1,953.19; property went up 9.26 points or 0.25% to 3,703.53; and industrials gained 7.95 points or 0.07% to 11,029.02.

Value turnover hit P22.86 billion, climbing from the P11.23 billion seen the other day, as 2.19 billion shares changed hands.

Advancers outpaced losers at 106 to 94, while 47 names closed unchanged. Foreign buying persisted, with net purchases ballooning to P11.38 billion on Wednesday from the P645.58 million seen last Tuesday.

Manila Electric Co. (Meralco) led the most active stocks on Wednesday after Metro Pacific Investments Corp. (MPIC) and PLDT Communications and Energy Ventures said they had entered into a sale and purchase agreement for MPIC to acquire a further 25% interest in Beacon Electric Asset Holdings, which owns 35% of Meralco and 56% of Global Business Power Corp. (GBP) for an aggregate purchase price of P21.8 billion.

The deal will increase MPIC’s economic interest in Meralco to 45.5% from 41.2%, and in GBP to 62.4% from 47.8%.

The other active stocks during the trading session were Ayala Land, Inc., PLDT Inc., SM Prime Holdings, Inc. and International Container Terminal Services, Inc.

Top gainers were Omico Corp., Vivant Corp., 2Go Group, Inc., Discovery World Corp. and Philippine H20 Ventures Corp.

Omico disclosed that it had entered into a memorandum of agreement to sell back its two parcels of land at the corner of Pasong Tamo Extension and EDSA, Makati City to Guevent Investment & Development Corp. and Honeycomb Builders, Inc.

The biggest losers were Roxas and Co., Inc., Oriental Petroleum and Minerals Corp., Manila Jockey Club, Inc., Leisure & Resorts World Corp. and Boulevard Holdings, Inc. — Victor V. Saulon

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=phl-shares-post-gains-ahead-of-fed-rate-decision&id=146770
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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