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 May 21, 2018 Data)

Total Traded Value – PhP 4.188 Billion – Low
Advances Declines – (Ideal is 2:1) 105 Declines vs. 83 Advances = 1.27:1 Neutral
Total Foreign Buying  PhP 2.081 Billion
Total Foreign Selling – (PhP 2.649) Billion
Net Foreign Buying (Selling)  (PhP 0.568)  Billion – 4th 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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Shares decline further as trading volume thins

May 21, 2018 | 9:00 pm

LOCAL EQUITIES fell on Monday due to thin trading, as investors stayed on the sidelines due to the high bond yields overseas.

The benchmark Philippine Stock Exchange index (PSEi) slipped 0.18% or 14.23 points to close at 7,658.05, extending last Friday’s decline.

The broader all-shares index was relatively flat after giving up 0.04% or 2.21 points to 4,662.73.

“US stocks closed mostly lower on Friday… Treasury yields also climbed higher as well, which meant this was a further boost for the US dollar. This in turn was taken negatively for the PSEi in general,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

The Dow Jones Industrial Average was flat at 24,715.09 last Friday, while both the Nasdaq Composite index and S&P 500 index dropped 0.38% to 7,354.34 and 0.26% to 2,712.97, respectively.

The local index was trading in positive territory for most of the morning session, but failed to sustain its strength until the closing bell.

“The conciliatory tone from China towards its imports of US goods lifted our market in the morning session but the bearish sentiment since the index fell last week is what caused the market to stay below 7,800 which is also serving as its short term resistance level,” Timson Securities, Inc. Equities trader Jervin S. de Celis said in a mobile message.

Sectoral indices were split between gainers and losers. The mining and oil counter went up 1.06% or 106.40 points to 10,147.54, while property rose 0.45% or 17.30 points to 3,820.58. Holding firms climbed 0.30% or 22.92 points to 7,514.16.

On the other hand, financials dropped 1.34% or 25.84 points to 1,895.75. Industrials shed 0.49% or 54.19 points to 10,897.01, while services also lost 0.49% or 7.59 points to 1,526.64.

Some 1.18 billion issues switched hands to yield to a turnover of P4.19 billion, lower than Friday’s P4.22 billion.
“Investors are still not yet ready to size up their exposure to risky assets like stocks due to trade concerns between the US and China, rising oil prices in the Middle East, and multiple rate hikes from the US Federal Reserve in the next coming meetings,” Mr. De Celis said.

Decliners prevailed for the day at 105, versus 83 advancers and 55 stocks that remained unchanged.
Net foreign outflows slimmed to P568.47 million from the P715.35 million logged last Friday.
For the rest of the week, Regina Capital’s Mr. Limlingan said investors will be looking at the release of the minutes from the Federal Open Market Committee’s May meeting, several speeches from Fed officials including Chairman Jerome Powell on Friday, and latest budget data from the Philippines on Wednesday.

Meanwhile, most other Southeast Asian stock markets rose on Monday, with Singapore gaining about 1%, after the United States and China agreed to drop their tariff threats while they work on a wider trade agreement. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.60%. — Arra B. Francia with Reuters

Source: http://bworldonline.com/shares-decline-further-as-trading-volume-thins/
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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.