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 March 14, 2017  Data)

Total Traded Value –  PhP  7.051  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   105  Declines vs. 86 Advances    = 1.22:1  Neutral

Total Foreign Buying – PhP 4.168  Billion

Total Foreign Selling – (PhP  4.158  Billion)

Net Foreign Buying (Selling) – PhP  0.010  Billion – first day of Net Foreign Buying after 4 days 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:

==================================================

Stocks eke out gains in quiet trade ahead of Fed

Posted on March 15, 2017

STOCKS traded sideways on Tuesday as investors preferred to wait for the outcome of the US Federal Reserve’s meeting, where it is widely anticipated to deliver a hike on interest rates.

The bellwether Philippine Stock Exchange index edged up 0.39% or 28.66 points upward to 7,261.75.

The broader all shares index climbed 0.09% or 4.32 points to 4,383.33.

“Philippine markets continued to climb as they (investors) focused more on local developments for now,” Luis A. Limlingan, managing director of Regina Capital Development Corp., said in a text message on Tuesday.

With no major economic data for investors to weigh, investors focused on the two-day Federal Open Market Committee meeting, which was scheduled to start overnight, he added.

US stocks ended little changed in light volume on Monday, with traders eyeing a Fed meeting expected to result in an interest rate increase later this week. Traders saw a 94% chance that the US central bank will lift interest rates by 25 basis points on Wednesday.

The Dow Jones Industrial Average fell 21.50 points or 0.10% to 20,881.48, the S&P 500 gained 0.87 point or 0.04% to 2,373.47 and the Nasdaq Composite added 14.06 points or 0.24% to 5,875.78.

Harry G. Liu, president of Summit Securities, Inc., said although the local market saw an uptick, trading was mostly sideways as investors wait for further positive news to push the market.

On the local side, Mr. Liu said there’s nothing negative except political noise spurred by the Duterte administration “which I think is just part of the political program that the President is doing.”

“There seem to be nothing that is crisis-wise. Everything is now hanging on future developments, like more investments.”

Industrials went up 0.74% or 81.92 points to 11,055.49; holding firms climbed 0.62% or 44.90 points to 7,268.01; services increased 0.57% or 8.40 points to 1,474.08; and financials rose 0.21% or 3.92 points to 1,820.18.

Meanwhile, the mining and oil sector slumped 2.77% or 346.04 points to 12,129.99, while property fell 0.70% or 23.16 points to 3,252.66.

Losers outnumbered gainers to stand at 105 and 86, respectively, while 48 names were unchanged.

Value turnover was at P7.05 billion, higher from the previous day’s P6.46 billion, with 1.71 billion shares changing hands.

Foreigners turned buyers on Tuesday, resulting in net purchases worth P10.35 million, a reversal from the net selling of P282.06 million seen on Monday.

Most Southeast Asian stock markets edged up in thin trade on Tuesday as investor sentiment remained subdued ahead of a two-day policy meeting of the Fed.

In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.30% as of 0450 GMT.

In Indonesia, shares hit a four-month high, led by financials and energy stocks. Vietnam rose slightly, with utilities and consumer staples leading the gains. — J.C. Lim with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-eke-out-gains-in-quiet-trade-ahead-of-fed&id=142218
==================================================

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)

===================================================

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