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 5, 2018 Data)

Total Traded Value – PhP 5.414 Billion – Low
Advances Declines – (Ideal is 2:1) 112 Advances vs. 84 Declines = 1.33:1 Neutral
Total Foreign Buying  PhP 2.583 Billion
Total Foreign Selling – (PhP 3.256) Billion
Net Foreign Buying (Selling)  (PhP 0.673)  Billion – 15th 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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PSEi surges on slower-than-expected inflation

June 5, 2018 | 9:00 pm

By Arra B. Francia, Reporter

STOCKS surged on Tuesday as investors cheered slower-than-expected May headline inflation data.

The 30-company Philippine Stock Exchange index (PSEi) jumped 1.40% or 106.15 points to close at 7,685.76. The all-shares index likewise climbed 1.06% or 49.11 points to 4,664.29.

“We’ve been watching the market and technically it was oversold for the past few weeks… People were worried about how inflation was going to be, because oil prices went up and that’s inflationary pressure. But with the numbers out now and they are lower than expected, then it is good,” Summit Securities, Inc. President Harry G. Liu said in a phone interview.

The Philippine Statistics Authority reported Tuesday, June 5, that the average increase in prices of widely used goods and services stood at 4.6% in May. While this is a fresh five-year high, it is lower than the Department of Finance’s 4.9% estimate and was at the lower end of the Bangko Sentral ng Pilipinas’ own forecast of 4.6-5.4%.

Mr. Liu noted inflation is expected to slow down once oil prices in the world market go down as well.

“Thinking ahead, if oil prices go down — and it will technically go down which I expect to be $60 — if that happens, then the market will appreciate that,” the analyst said.

Aside from inflation, Regina Capital Development Corp. Managing Director Luis A. Limlingan also attributed the main index’s increase to positive sentiment in the US.

“Philippine stocks rallied as the US counterparts did as traders appeared to shrug off global trade tensions and focused on a favorable economic backdrop instead,” Mr. Limlingan said in a mobile message.

Overnight, the Dow Jones Industrial Average firmed up 0.72% or 178.48 points to 24,813.69. The S&P 500 index rose 0.45% or 12.25 points to 2,746.87, while the Nasdaq Composite index gained 0.69% or 52.13 points to 7,606.46.

Locally, all sectoral indices ended in positive territory, led by holding firms which recorded a 2.31% gain or 173.08 points to 7,650.95. Services followed with an increase of 1.58% or 23.38 points to 1,502.62, while mining and oil went up 1.10% or 111.34 points to 10,152.53.

Industrials rose 0.92% or 98.43 points to 10,756.26; financials gained 0.82% or 15.50 points to 1,887.77; and property added 0.05% or 2.21 points to 3,802.02.

A total of 1.98 billion issues switched hands valued at P5.41 billion, mostly flat from Monday’s P5.48-billion turnover.
Advancers outpaced decliners, 112 to 84, while 53 issues were unchanged.

Foreign investors remained as sellers, unloading a net P673.32 million worth of Philippine equities on Tuesday, higher than the P240.53-million outflow recorded in the previous session.

In the medium term, Summit Securities’ Mr. Liu said he continues to expect the market to consolidate within the 7,500 to 7,800 range.

Source: http://bworldonline.com/psei-surges-on-slower-than-expected-inflation/

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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.