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 October 10,  2017  Data)

Total Traded Value –  PhP  7.168  Billion – Low
Advances Declines – (Ideal is 2:1)   103 Declines vs. 91 Advances    = 1.13:1 Neutral
Total Foreign Buying – PhP 3.046  Billion
Total Foreign Selling – (PhP  2.550)  Billion
Net Foreign Buying (Selling) – PhP 0.496  Billion –first day of Net Foreign Buying after a day 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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PSE index rises to new record high on trade data

October 11, 2017

THE MAIN INDEX hit a new record high on Tuesday as investors remained optimistic amid mixed developments here and abroad.

The bellwether Philippine Stock Exchange index (PSEi) climbed 0.36 or 30.66 points to 8,398.04, just a few points away from the 8,400 mark.

The broader all-shares index climbed 0.26% or 12.79 points to 4,922.71.

“Despite disappointing reports, investors continue to ride on the wave of buying,” Astro C. del Castillo, managing director at First Grade Finance, Inc. said in a phone interview yesterday.

“This came from the reversal of the US with the Dow and S&P breaking their streak with just small losses yesterday,” said Regina Capital Development Corp. Managing Director Luis A. Limlingan in a mobile phone message.

Wall Street fell from record levels on Monday as gains in Microsoft and other technology stocks failed to offset a drop in General Electric and a slide in health care stocks.

The Dow Jones Industrial Average declined 0.06% to end at 22,761.07, while the S&P 500 lost 0.18% to 2,544.73.

The Nasdaq Composite dropped 0.16% to 6,579.73.

On the domestic front, Mr. Limlingan cited trade data released yesterday as a driver for the market’s gains.

The Philippine Statistics Authority on Tuesday released data on August exports and imports. Exports in the eight months to August rose 13.3% to $42.11 billion from a year ago, while imports were up 8.2% at $59.15 billion from a year ago.

Meanwhile, factory output, as indicated by the volume of production index, grew 2.8% year on year, bucking the downswing of -1.1% in July, but lower than the 13.3% posted in the same month in 2016.

Counters finished mixed. Financials jumped 0.76% or 15.24 points to 2,017.06; holding firms went up 0.74% or 63.61 points to 8,626.28; and services inched up 0.05% or 0.94 point to 1,745.65. On the other hand, mining and oil slid 1.22% or 172.31 points to 13,846.83; property declined 0.24% or 9.66 points to 3,869.18; and industrials inched down 0.04% or 4.52 points to 11,097.08.

Losers outnumbered advancers at 103 to 91, while 51 issues were unchanged.

Value turnover expanded slightly to P7.17 billion from Monday’s P6.1 billion as 1.63 billion shares changed hands.

Foreigners turned buyers on Tuesday, with net purchases at P496.23 million from Monday’s net outflow worth P248.98 million
Meanwhile, other Southeast Asian stock markets trod water on Tuesday as investors steered clear of riskier assets ahead of the release of the Federal Reserve’s September meeting minutes on Wednesday, awaiting clues on the pace of future US rate increases.

Expectations that improved prospects for the US economy would prompt the Fed to raise interest rates later this year have led to the strengthening of the dollar over the past month. — JCL with Reuters

Source: http://bworldonline.com/pse-index-rises-new-record-high-trade-data/

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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.