Top Ten Smart Money Moves – October 26, 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 October 26, 2017 Data)
Total Traded Value – PhP 4.718 Billion – Low
Advances Declines – (Ideal is 2:1) 102 Declines vs. 77 Advances = 1.32:1 Neutral
Total Foreign Buying – PhP 2.076 Billion
Total Foreign Selling – (PhP 2.894) Billion
Net Foreign Buying (Selling) – (PhP 0.818) Billion – 3rd day of Net Foreign Selling after a day 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 slips back below 8,300 as it tracks Wall Street
October 27, 2017
THE Philippine Stock Exchange index (PSEi) yesterday slipped back below the 8,300 line, partly taking cue from Wall Street’s own weakness amid broad selling of US stocks.
The PSEi fell by 35.43 points or 0.42% to end 8,267.92 – the benchmark index’s lowest point in more than three weeks, or since the 8,256.28 finish on Oct. 2 – while the all-shares index gave up 19.11 or 0.39% to finish 4,845.45.
Four of the six sectoral indices ended in negative territory – all were losing as of noon – while foreigners remained net sellers for a third straight day.
“The market is going through medium-term softness trying to reach its support level,” Summit Securities, Inc. President Harry G. Liu said in a telephone interview, while Regina Capital Development Corp. Managing Director Luis A. Limlingan said local markets tracked Wall Street, which on Wednesday saw its worst performance in weeks “amid disappointing earnings results.”
Some other Asian bourses also weakened, with Hong Kong’s Hang Seng Index, South Korea’s KOSPI, the Jakarta Composite Index, and the MSCI AC Asia Pacific down 0.29%, 0.48%, 0.10% and 0.01%, respectively.
On the other hand, Japan’s Nikkei 225 and TOPIX Index, the Shanghai Composite Index and the Straits Times Index rose by 0.15%, 0.14%, 0.33% and 0.32%, respectively.
Back home, the four sectoral indices that finished weaker on Thursday were holding firms that fell by 70.24 points or 0.82% to 8,465.4, property which gave up 32 points or 0.82% to 3,872.06, services which dropped 10.15 points or 0.6% to 1,682.47 as well as mining and oil that slipped by 4.91 points or 0.03% to 13,150.04.
The two sub-indices that gained were financials which increased by 5.3 points or 0.26% to close 2,000.95 and industrials which went up by 17.88 points or 0.16% to finish at 10,877.71.
Thursday’s list of the 20 most actively traded stocks showed those that declined were led by Bloomberry Resorts Corp.; Metro Pacific Investments Corp.; SM Investments Corp.; PLDT, Inc. and Ayala Land, Inc. that gave up 4.67% to close P9.38 apiece, 3.63% to P6.64, 1.35% to P947, 1.28% to P1,698 and by 1.15% to P42.80, respectively.
Shares that gained were led by Global Ferronickel Holdings, Inc.; Universal Robina Corp. and Manila Electric Co. that increased by 2.27% to close P2.70 apiece, 1.43% to P142, and by 1.06% to P285.40 each, respectively.
Stocks that declined again trumped those that advanced 102 to 77, while 58 others were unchanged.
Trading thinned to 992.58 million shares worth P4.72 billion from Wednesday’s 1.23 billion stocks worth P5.91 billion.
Foreign net selling grew by nearly a fifth to P817.63 million from Wednesday’s P684.77 million. – with JCL
Source: http://bworldonline.com/psei-slips-back-8300-tracks-wall-street/
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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.
Thank u & i love to receive your free daily Pse data coz they are so helpful
Hi David,
Thanks. We are glad you find the data we provide helpful. We aim to provide not only data but also lessons to help others become better traders.
Best regards,
Fred/@theresponsibletrader