Top Ten Smart Money Moves – November 27, 2017
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 November 27, 2017 Data)
Total Traded Value – PhP 6.346 Billion – Low
Advances Declines – (Ideal is 2:1) 102 Declines vs. 96 Advances = 1.06:1 Neutral
Total Foreign Buying – PhP 3.074 Billion
Total Foreign Selling – (PhP 3.106) Billion
Net Foreign Buying (Selling) – (PhP 0.032) Billion – 5th day of Net Foreign Selling after 2 days of Net Foreign Buying
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
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 shares decline as investors search for leads
November 28, 2017
SHARES ended in the red on Monday amid a lack of catalysts and adjustments ahead of the window-dressing period.
The Philippine Stock Exchange index (PSEi) closed at 8,361.69 yesterday, down 3.42 points or 0.04%.
The all-shares index closed at 4,888.32, down 0.80 points or 0.01%.
“The last-minute recovery of our index from its triple-digit slump before market close was an obvious sign that due to lack of market-moving news within the Philippines, investors opted to stay on the sidelines keeping our index trading in the 8,200-8,400 range for two weeks,” Jervin S. de Celis, equities trader at Timson Securities, Inc. said in a text message.
“The PSEi also remains expensive at 21.78x P/E (price-earnings) ratio according to PSE’s weekly market information publication so it’s no surprise to see profit-taking activity especially now that the year-to-date return of our market stands at 22%,” Mr. De Celis said.
“This week the key economic releases that investors will keep an eye on are the second vintage of Q3 GDP (gross domestic product) on Wednesday, personal income and spending on Thursday, and ISM (Institute for Supply Management) manufacturing on Friday. There are several speaking engagements by Fed officials this week, including Jerome Powell’s confirmation hearing on Tuesday and [Federal Reserve] Chair [Janet] Yellen’s testimony before the Joint Economic Committee on Wednesday,” Luis A. Limlingan, managing director at Regina Capital Development Corp., said in a text message.
All sectors gained except financials and industrials. Financials closed at 2,090.42, down 16.98 points or 0.8%, while industrials dropped 114.35 points or 1.04% to finish at 10,852.98.
On the other hand, mining and oil led advancing counters as it gained 169.74 points or 1.41% to close at 12,142.24. Property climbed up 10.98 points or 0.28% to 3,930.18; holding firms went up 22.91 points or 0.27% to 8,515.18; and services added 3.24 points or 0.19% to finish at 1,633.82.
Value turnover stood at P6.35 billion, down from Friday’s P9.11 billion, with 1.23 billion shares changing hands.
Decliners outnumbered advancers, 102 to 96, while 46 names remained unchanged.
Net foreign selling thinned to P32.38 million yesterday from Friday’s P461.28-million outflow.
Meanwhile, most other Southeast Asian stock markets were subdued amid concerns of a regulatory crackdown in China.
Chinese shares fell as market sentiment took a hit from rising bond yields after Beijing stepped up crackdown on shadow banking and other riskier forms of financing.
MSCI’s broadest index of Asia-Pacific shares outside Japan slipped further from a 10-year peak scaled on Thursday. — with Reuters
Source: bworldonline.com/phl-shares-decline-investors-search-leads/
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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 continues to receive positive response and comments from our readers. To reach a wider audience we have made the book available through selected branches of National Bookstore:
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.