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 11,  2017  Data)

Total Traded Value –  PhP  6.098  Billion – Low
Advances Declines – (Ideal is 2:1)   110  Advances vs. 87 Declines  = 1.26:1  Neutral
Total Foreign Buying – PhP 3.193  Billion
Total Foreign Selling – (PhP  3.425)  Billion
Net Foreign Buying (Selling) – (PhP 0.232)  Billion – 5th day of Net Foreign Selling after 2 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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Stocks inch higher as investors look for drivers

September 12, 2017

THE MAIN INDEX posted an uptick on Monday amid slower economic activity, with market focus on the havoc wreaked by Hurricane Irma in the US.

The bellwether Philippine Stock Exchange index (PSEi) rose 0.33% or 26.56 points to 8,049.31.

The broader all-shares index climbed 0.32% or 15.31 points to 4,778.61.

“Philippine stocks closed higher today…with most attention focused on the hurricane hitting the US,” said Regina Capital Development Corp. Managing Director Luis A. Limlingan in a text message on Monday.

Mr. Limlingan noted that US stock indexes closed mostly lower Friday, finishing a holiday-shortened week with modest losses, as investors traded cautiously ahead of a potential missile test by North Korea and Hurricane Irma’s arrival on the Florida coast over the weekend.

On Friday, the Dow Jones Industrial Average rose 13.01 points or 0.06% to 21,797.79; the S&P 500 lost 3.67 points or 0.15% to 2,461.43; and the Nasdaq Composite dropped 37.68 points or 0.59% to 6,360.19.

Summit Securities, Inc. President Harry G. Liu said the market continues to trade in a “lull sideways behavior” as investors wait for significant catalysts to push the index beyond the resistance level of 8,100 points.

“Market investors are on the sidelines but buying at a certain support level. We can only breach that level if there will be good news that will be catalysts,” Mr. Liu said in a phone interview yesterday, still holding on to a speedy resolution to the ongoing battles in Marawi City and a tax reform package more favorable to business players as some of the significant market drivers.

Counters were mixed. Holding firms went up 0.55% or 43.57 points to 7,934.55; property increased 0.54% or 20.72 points to 3,806.03; services climbed 0.32% or 5.64 points to 1,742.37; and industrials edged up 0.22% or 25.59 points to 11,252.58. Mining and oil fell 0.30% or 42.36 points to 13,772.26 and financials shed 0.22% or 4.42 points to 1,966.5.

Advancers outnumbered decliners, 110 to 87, while 50 names closed unchanged.

Value turnover stood at P6.1 billion on Monday as 899.17 million shares changed hands, down from Friday’s P7.89 billion.

Other Southeast Asian stock markets also ticked up on Monday as investors heaved a sigh of relief after North Korea held back on a missile test, with Vietnam hitting an over 9-1/2-year high.

The US and its allies had been bracing for another long-range missile launch on Saturday, following multiple such launches in recent weeks that heightened tensions globally.

Vietnam shares rose 0.5% to its highest since February 2008, and were also headed for their eighth consecutive session of gains.
Singapore shares gained as much as 0.4%, boosted by lenders and consumer staples stocks.

Malaysian shares inched up 0.2%, while Thai shares rose 0.4%, heading for their eighth straight session of gains — JCL with Reuters

Source: http://bworldonline.com/stocks-inch-higher-investors-look-drivers/

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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.