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 4, 2018 Data)

Total Traded Value – PhP 5.479 Billion – Low
Advances Declines – (Ideal is 2:1) 113 Declines vs. 72 Advances  = 1.57:1 Neutral
Total Foreign Buying  PhP 3.614 Billion
Total Foreign Selling – (PhP 3.855) Billion
Net Foreign Buying (Selling)  (PhP 0.241)  Billion – 14th 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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PHL stocks decline ahead of May inflation data

SHARES FELL on Monday as investors resorted to profit taking ahead of the release of inflation data on Tuesday.
The bellwether Philippine Stock Exchange index (PSEi)dropped 0.66% or 50.65 points to close at 7,579.61 Monday, June 4.

The broader all-shares index also shed 0.50% or 23.54 points to end at 4,615.18.

“Philippine investors saw this as an opportunity to take profits after Friday’s meteoric rise. This comes ahead of the inflation data which may even be the highest year-to-date, when it is released tomorrow morning,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a mobile message on Monday.

The Philippine Statistics Authority will release official inflation data Tuesday, June 5.

In a BusinessWorld poll of 10 analysts, inflation was projected to reach a median estimate of 4.9% in May, which could be the fastest in at least five years.

The median falls within the 4.6%-5.4% range given by the Bangko Sentral ng Pilipinas and also matches the estimate given by the Department of Finance for this month. However, this is well beyond the government’s 2-4% target for the year.

Analysts blamed higher oil and food prices for the likely all-time high inflation print.
“Expectations are for May’s figure to even be higher than April’s 4.5% (using 2012 prices)… This will give a signal if the Monetary Board will hike rates once again in their next meeting on June 21,” Papa Securities Corp. trader Gabriel F. Perez said in an e-mail.

The main index was unaffected by the rally seen in Wall Street last Friday, where the Dow Jones Industrial Average jumped 0.90% or 219.37 points to 24,635.21, while the S&P 500 index surged 1.08% or 29.35 points to 2,734.62. The Nasdaq Composite index also picked up 1.51% or 112.21 points to 7,554.33.

Asian indices, meanwhile, tracked the positive sentiment seen in US counterparts last week due to higher-than-expected jobs report. Investors have also started to shrug off concerns on the US-China trade war.

Back home, sectoral indices were split between gainers and losers. The industrials sub-index led decliners with a loss of 1.8% or 196.34 points to 10,657.83, followed by holding firms which gave up 1.13% or 85.73 points to 7,477.87. Financials went down 0.92% or 17.49 points to 1,872.27.

On the other hand, the mining and oil counter went up by 1% or 99.72 points to 10,041.19. Property rose 0.57% or 21.63 points to 3,799.81, while services climbed 0.50% or 7.48 points to 1,479.24.

Some 464.51 million issues switched hands, resulting in a turnover of P5.48 billion, lower than the P5.56 billion recorded last Friday.

Decliners outpaced advancers, 113 to 72, while 58 names ended flat.

Foreign selling persisted for the 14th consecutive day, with net outflows reaching P240.53 million on Monday, albeit lower than the previous session’s P303.85 million. — Arra B. Francia

Source: http://bworldonline.com/phl-stocks-decline-ahead-of-may-inflation-data/

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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.