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 September 1, 2016 Data)
Total Traded Value – PhP 9.749 Billion – Medium
Market Breadth and Sentiment indicated by Advances Declines Ratio – (Ideal is 2:1 to be considered Bullish or Bearish) 121 Declines vs. 82 Advances = 1.48:1 Neutral
Total Foreign Buying – PhP 3.3558 Billion
Total Foreign Selling – (PhP 5.625) Billion
Net Foreign Buying (Selling) (PhP 2.067) Billion – 7th day of 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

From now on, I will just quote the related article from Business World so that we will have everything in one piece: ==================================================

PSEi declines further ahead of key US jobs data

Posted on September 02, 2016

LOCAL STOCKS lingered in negative territory on Thursday, as more investors left the market ahead of a key jobs report that could bolster the case for an interest rate hike in the United States.

The benchmark Philippine Stock Exchange index (PSEi) dropped another 14.06 points or 0.18% to settle at 7,773.31.

The broader all-shares index likewise declined 18.53 points or 0.40% to 4,615.35.

The hawkish statement of Federal Reserve Chairperson Janet L. Yellen on raising policy rates at the Jackson Hole Economic Symposium last week continued to resonate, Aniceto K. Pangan, equities trader at Diversified Securities, Inc., said in a telephone interview.

The US nonfarm payrolls report for August, which will come out late Friday, will further provide signals as to when the Fed would implement another round of interest rate increase.

“If the momentum of non-farm payrolls will continue to be high, definitely these will bolster the statement of Yellen to increase interest rates and definitely you’ll see further correction until the level becomes more attractive,” Mr. Pangan said. “Some will be speculative enough, considering that the previous month’s result was good. Definitely, others will be continuing to go on profit-taking because they are anticipating good numbers.”

The decline in global oil prices further weighed down investor sentiment on stocks, Regina Capital Development Corp. Managing Director Luis A. Limlingan noted in a mobile phone message.

Diversified Securities’ Mr. Pangan, however, cited the positive manufacturing data from China for arresting a market retreat that saw PSEi reach an intraday low of 7,646.30 before trimming its losses in the afternoon trade.

Only the financials counter stayed in positive territory, gaining 21.32 points or 1.17% to close at 1,833.87. Property stocks, meanwhile, led the decline with a 58.54 points or 1.65% loss to 3,486.47.

The services sector fell by 10.87 points or 0.69% to 1,560.13; mining and oil by 26.96 points or 0.25% to 10,584.19; holding firms by 4.67 points or 0.06% to 7,677.90; and industrials by 6.44 points or 0.05% to 11,918.62.

Value turnover dropped to P9.75 billion from Wednesday’s P13.17 billion after about 2.14 billion issues exchanged hands. Decliners trumped advancers, 121 to 82, while 41 were unchanged.

“Selling pressure in the market has been tremendous since last week,” Frank Gerard J. Barboza, equities trader at AP Securities, Inc., noted in a text message.

Foreign investors continued to dump local stocks on Thursday, logging net sales worth P2.07 billion. This, however, trailed the P2.52 billion recorded on Wednesday.

“This might be due to the lack of factorable economic events in the near future as GDP (gross domestic product) and earnings season just finished. You also have valuation woes as the market touched the 8,000 territory,” Mr. Barboza said, pegging the PSEi’s support between 7,400 and 7,500.” — Keith Richard D. Mariano

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-declines-further-ahead-of-key-us-jobs-data&id=132818
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THANK YOU VERY MUCH FOR YOUR SUPPORT! WE MADE IT TO THE TOP FIVE Voting for the Angat Pilipinas Coalition for Financial Literacy Polls ended last night and we are glad to inform you that with your support, we were able to make it to the Top 5 in our Category – “Influential Author or the Year.” Apart from the online polls, there will still be judging of the Top 5 nominees for each category with most number of votes. The judges will come from three different independent institutions. We would like to thank you for your Support. Win or Lose, we did our Best and that is the most important thing. More than the votes we received a lot of encouragement and these keep us going in our advocacy: Responsible Trading. Again, from me and The Responsible Trader_com: Maraming salamat po sa inyong walang sawang pagtangkilik at umaasa kami ng mas maganda pang samahan ngayon, bukas at magpakailanman.

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/

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 P8 Billion b. Medium – Total Traded Value P8 Billion but not more than P15 Billion c. High – Total Traded Value more than P15 Billion