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 November 6,  2017  Data)

Total Traded Value –  PhP  7.287  Billion – Low
Advances Declines – (Ideal is 2:1)   105 Advances vs. 95 Declines  = 1.11:1  Neutral
Total Foreign Buying – PhP 3.751  Billion
Total Foreign Selling – (PhP  3.484)  Billion
Net Foreign Buying (Selling) – PhP 0.267  Billion – 3rd 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

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 at fresh high on earnings, bargain hunting

November 7, 2017

THE Philippine Stock Exchange index (PSEi) finished at a fresh record high on Monday, bouncing back on selected positive earnings results of companies abroad and bargain hunting by investors.

The index closed at 8,523.07, showing an increase of 146.94 points or 1.75%. This marks the 12th record high of the PSEi for the year. The last recorded peak was 8,516.02, which was the close last Thursday, Nov. 2.

The all-shares index closed at 4,968.60, which is higher by 69.70 points or 1.42%.

Luis A. Limlingan, managing director at Regina Capital Development Corp., said strong results of Apple, Inc. and gains by food and beverage companies in European markets offset a weak US October jobs report and a slump in telecom firms in Europe.

“Philippine stocks bounced back from the slump after US stocks closed at records on Friday, with major indexes extending their lengthy upward moves on the back of strong results at Apple, which offset a mixed set of economic data, including a weaker October jobs report. European stocks advanced, widening their second consecutive weekly gain, as food and beverage companies rebounded after two weeks of losses, offsetting a slump in telecom firms,” Mr. Limlingan said in a text message.

Last Friday, the Labor Department reported that US nonfarm payrolls rose a seasonally adjusted 261,000 in October, below the expectations of 310,000.

Meanwhile, Apple registered profits of $10.7 billion , up 19%.

Jervis S. de Celis, equities trader at Timson Securities, Inc. said the index went up as investors went on bargain hunting after the down last Friday, and also due to the anticipation of third-quarter gross domestic product (GDP) data to be released next week.

“I also think that market sentiment today was buoyed by San Miguel’s announcement to consolidate its consumer businesses. Foreign investors remained net buyer in the local market after the US nonfarm payroll reported 261,000 jobs were made in October missing the 310,000 jobs expected for the month,” Mr. De Celis said in a text message on Monday.

All sector counters finished in the green. Holding firms went up 209.79 points or 2.45% to end at 8,765.47; industrials rose 200.50 points or 1.85% to 11,026.84; services climbed 22.08 points or 1.31% to 1,699.70; financials went up 19.56 points or 0.96% to close at 2,055.72; property gained 24.99 points or 0.62% to close at 4,028.47; and mining and oil added 27.16 points or 0.2% to finish at 13,308.11.

Value turnover dropped to P7.29 billion on Monday from the previous session’s P9.79 billion, with 1 billion shares changing hands. Net foreign buying continued but thinned to P267.22 million yesterday from Friday’s P620.43 million.
Most Southeast Asian markets also edged higher on Monday, in tandem with Wall Street which gained on Friday on healthy corporate earnings and after data showed job growth in the world’s largest economy accelerated in October. — PPCM with Reuters

Source: http://bworldonline.com/psei-fresh-high-earnings-bargain-hunting/

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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.