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 6, 2017  Data)

Total Traded Value –  PhP  7.618  Billion – Low

Advances Declines Ratio – (Ideal is 2:1)   107 Advances vs. 75 Declines   = 1.43:1  Neutral

Total Foreign Buying – PhP 5.605  Billion

Total Foreign Selling – (PhP  4.845  Billion)

Net Foreign Buying (Selling) – PhP  0.760  Billion – first day of Net Foreign buying after 5  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:

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PSE index climbs as investors pick up select stocks

Posted on March 07, 2017

THE LOCAL MARKET started the week strong as investors shopped for stocks seen to be profitable this year while still on the watch for other market influencers.

The bellwether Philippine Stock Exchange index (PSEi) climbed by 0.92% or 66.75 points on Monday to close at 7,313.87.

The broader all shares index went up 0.66% or 29.27 points to 4,415.13.

“Several investors opted to cherry pick on select stocks that are expected to perform well this year,” said First Grade Finance, Inc. Managing Director Astro C. del Castillo in a text message yesterday.

Mr. Del Castillo noted that markets have digested sure bets of an interest rate hike from the Federal Reserve this month. He, however, said the PSEi is still expected to trade sideways in the coming weeks as investors anticipate market-moving news.

Meanwhile, Manuel Antonio G. Lisbona, president of PNB Securities, Inc., said foreign investors reentered the market yesterday and bid up certain index stocks such as SM Investments Corp., Robinsons Land Corp., and SM Prime Holdings, Inc.

“To get the bulls back into play, the market must close above 7,450. Otherwise it may stay within the trading range between 7,150 and 7,350,” Mr. Lisbona said in a text message, adding that attaining the targeted level within the week is “possible” so long as investors continue buying up index heavyweights and at same magnitude seen yesterday.

Property led the charge, increasing 1.22% or 39.75 points to 3,298.88; financials jumped 1.05% or 18.96 points to 1,821.28; services climbed 1% or 14.20 points to 1,432.34; holding firms increased 0.90% or 66.29 points to 7,412.19; and mining and oil edged up by 0.77% or 95.56 points to 12,455.15.

Only industrials finished in the red, declining 0.15% or 17.45 points to 11,078.93.

Advancers outnumbered gainers at 107 and 75, respectively, while 46 remained unchanged. Foreigners turned buyers, with net purchases coming in at P760.49 million, a reversal of Friday’s net selling worth P339.63 million.

Value turnover increased to P7.62 billion from the previous trading day’s P5.47 billion, with 1.70 billion shares changing hands.

Meanwhile, most Southeast Asian stock markets fell in thin trade on Monday after US Federal Reserve Chair Janet L. Yellen pointed to a March rate hike, and on rising geopolitical tensions in East Asia and news of slower growth in China this year.

Ms. Yellen in a speech in Chicago on Friday all but confirmed market expectations for an interest rate rise in March barring any sharp deterioration in economic conditions.

“We are following a general trend in Asian markets right now. Last week’s speech from Yellen was very hawkish and she hinted at a rate hike for March. So, I think investors are just risk off right now,” said Victor F. Felix, an equity analyst with AB Capital Securities, Inc. — J.C. Lim with Reuters

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=pse-index-climbs-as-investors-pick-up-select-stocks&id=141729
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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