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 18,  2017  Data)

Total Traded Value –  PhP  9.262  Billion – Medium
Advances Declines – (Ideal is 2:1)   138 Declines vs. 72 Advances = 1.92:1  Neutral with Bearish Bias
Total Foreign Buying – PhP 4.772  Billion
Total Foreign Selling – (PhP  5.423)  Billion
Net Foreign Buying (Selling) – (PhP 0.651)  Billion –first day of Net Foreign Selling after 3 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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PSEi pierces 8,500 anew but pulls back from peak

October 19, 2017

THE BOURSE and all sectoral indices pulled back across-the -board yesterday as investors cashed in on recent record highs.

The Philippine Stock Exchange index (PSEi) slid 66.01 points or 0.77% to close 8,431.73, while the broader all-shares index declined by 34.07 points or 0.68% to finish 4,924.46.

All six sectoral indices ended the day in red and foreign investors turned net sellers.

But the PSEi showed that impetus remained, again breaking through the 8,500 mark amid trading for the second straight day, opening 8,537.66, peaking at 8,548.58 and hitting a low of 8,332.30. Tuesday, which had seen 2017’s 10th record high of a 8,497.74 finish, had seen PSEi peak at 8,586.73 in the middle of trading.

The PSEi yesterday was also still 23.26% up year to date.

“A long-overdue correction finally came, just right after the PSEi closed in an unprecedented all-time high,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said.

Summit Securities, Inc. President Harry G. Liu in a telephone interview attributed yesterday’s fall to “just purely technical… behavior,” adding that there was “[n]o[thing] negative that will make the market go down.”
“All fundamentals are still in place.”

Peaks since September had been attributed to optimism over looming enactment of the first of up to five tax reform packages designed to help finance an ambitious P8.44-trillion public infrastructure development program, as well as record highs in other Asian bourses and on Wall Street.

Locally, mining and oil plunged by 430.06 points or 3.17% to close at 13,117.66, holding firms slumped by 111.03 points or 1.26% to 8,666.37, financials fell by 13.58 points or 0.65% to 2,057.78, property gave up 23.02 points or 0.58% to 3,931.31, services dropped 7.01 points or 0.41% to 1,700.37, while the industrial index slipped by 17.59 points or 0.16% to 10,959.78.

Stocks that declined outnumbered those that gained 138 to 72 while 35 issues were unchanged.

Trading volume thinned to 1.36 billion stocks worth P9.26 billion from Tuesday’s 1.80 billion shares worth P11.76 billion.

Wednesday ended three straight trading days of net foreign buying, finishing with P650.97 million in net sales.
The list of Wednesday’s 20 most actively traded stocks showed only three that gained: PLDT, Inc.; BDO Unibank, Inc. and Jollibee Foods Corp. that increased by 2.04% to P1,700 apiece, 0.91% to P144.80 and 0.41% to P246, respectively.
Those that lost were led by Semirara Mining and Power Corp.; Bloomberry Resorts Corp.; Alliance Global Group, Inc.; Metropolitan Bank & Trust Co. and Robinsons Retail Holdings, Inc. that gave up 4.02% to P41.75 each, 3.81% to P10.10, 3.06% to P15.86, 2.5% to P89.70 and 2.16% to P95.30, respectively. — Janina C. Lim

Source: http://bworldonline.com/psei-pierces-8500-anew-pulls-back-peak/

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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.