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 12, 2018 Data)

Total Traded Value – PhP 5.667 Billion – Low
Advances Declines – (Ideal is 2:1) 101 Declines vs. 83 Advances = 1.22:1 Neutral
Total Foreign Buying  PhP 2.147 Billion
Total Foreign Selling – (PhP 3.033)  Billion
Net Foreign Buying (Selling) – (PhP 0.886)  Billion – 10th day of Net Foreign Selling after 2 days  of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of 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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PHL shares decline as peso weakens to P54:$1

By Arra B. Francia, Reporter

SHARES fell on Wednesday as the Philippine peso posted its lowest finish against the greenback in 13 years, alongside escalating trade tensions between the United States and China.

The 30-company Philippine Stock Exchange index (PSEi) dropped 0.91% or 68.81 points to 7,449.20, marking its sixth straight day of decline. The broader all-shares index also went down 0.43% or 20.12 points to 4,577.16.

“The peso breaking out of its psychological 54 resistance level (i.e. peso depreciation) to make an intraday high of 54.153 may have had a hand in today’s weakness,” Papa Securities Corp. trader Gabriel Jose F. Perez said in an e-mail on Wednesday.

The peso closed at P54.13 versus the US dollar on Wednesday, 19 centavos weaker than the P53.94 posted in the previous session. This marks the local currency’s lowest close since December 2005.

Meanwhile, Regina Capital Development Corp. Managing Director Luis A. Limlingan pointed to the renewed trade tensions between the United States and China.

“Philippine shares closed lower once more, mostly on renewed trade tension as China lodged permission with WTO (World Trade Organization) to levy tariff on the US and crude oil rising on hurricane and EIA WTI (US Energy Information Administration West Texas Intermediate) outlook,” Mr. Limlingan said in a mobile message.

China said it is asking the WTO to impose sanctions on the US for the latter’s imposition of new tariffs on $200 billion worth of Chinese goods. The Chinese government is set to bring up its complaint to the WTO’s Dispute Settlement Body on Sept. 21.

Four sectoral indices moved to negative territory, led by industrials which plunged 1.75% or 196.76 points to 11,031.23. Financials followed with a drop of 1.42% or 24.08 points to 1,668.84; holding firms slowed down 1.11% or 82.11 points to 7,314.30; while property shed 0.16% or 6.28 points to 3,722.62.

The mining and oil counter gained 1.45% or 137.53 points to 9,584.99, while services firmed up 0.30% or 4.61 points to 1,514.93.
Turnover climbed to P5.67 billion after some 1.17 billion issues switched hands, compared to the previous session’s P5.40 billion. Decliners outpaced advancers, 101 to 83, while 56 names were unchanged.

Net foreign outflows widened to P886.62 million on Wednesday, compared to Tuesday’s P577.03 million.

“Given that the PSEi closed today at its intraday low, and also below the 7,460-7,500 support area, watch out for further downside movement given its current momentum and the ever-present net foreign selling,” Papa Securities’ Mr. Perez said on Wednesday.

Asian indices also closed mostly in the red on Tuesday following the escalating trade tensions.

Source: http://www.bworldonline.com/phl-shares-decline-as-peso-weakens-to-p541/

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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 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.