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 14, 2016 Data)
Total Traded Value – PhP 8.908 Billion – Medium
Market Breadth and Sentiment indicated by Advances Declines Ratio – (Ideal is 2:1 to be considered Bullish or Bearish) 110 Declines vs. 67 Advances = 1.64:1 Neutral
Total Foreign Buying – PhP 4.392 Billion
Total Foreign Selling – (PhP 6.003) Billion
Net Foreign Buying (Selling) (PhP 1.611) Billion – 15th 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 dips as investors wait for Fed’s next move

Posted on September 15, 2016

THE BELLWETHER index ended broadly flat on Wednesday, as investors bought into stocks long battered by uncertainty over the next move of central banks, particularly the Federal Reserve which scheduled to meet next week.

The Philippine Stock Exchange index (PSEi) settled at 7,546.01 — its intraday high — after paring its losses to 4.26 points or 0.05% toward the afternoon session.

The broader all-shares index, on the other hand, recovered 89.42 points or 1.96% more to reach 4,663.29 at the closing bell.

The market closed on orders particularly for San Miguel Corp., Emperador, Inc. and Megaworld Corp. following a general slump that dragged the PSEi to as low as 7,493.64 during the session, Ralph Christian G. Bodollo, research analyst at RCBC Securities, Inc., said in a telephone interview.

“But, I think, the overall sentiment is still dampened…one of the major factors would be the losses on Wall Street last Tuesday night because of the drop in global oil prices,” Mr. Bodollo added.

DA Market Securities, Inc. noted separately that investors in the US markets awaited the respective monetary policy meetings of the Federal Reserve and the Bank of Japan on Sept. 20-21.

The brokerage, in a market update, advised investors betting the US central bank would refrain from hiking interest rates this month to take advantage of cheap prices while the sell-off continues in emerging markets.

The market received an upside from the industrial sector that advanced 35.23 points or 0.30% to 11,727.18 along with the financials sub-index that climbed 0.63 point or 0.03% to 4,663.29 during the session.

Mining and oil issues, on the other hand, largely weighed down the market after declining by 82.87 points or 0.78% to 10.554.59. “The mining and oil sector fell the most because the audit report of [Environment Secretary Regina Paz L. Lopez] is expected be released tomorrow (Thursday). So, I think some investors took away money from the table right now,” RCBC Securities’ Mr. Bodollo said.

Holding firms also dropped by 16.23 points or 0.21% to 7,479.09; services by 2.79 points or 0.18% to 1,513.75; and property by 1.05 points or 0.03% to 3,344.38.

Value turnover rose to P8.91 billion after about 1.79 billion shares exchanged hands, from the P8.59 billion recorded on Tuesday. Losers outnumbered gainer, 110 to 67, while 50 names were unchanged.

Foreign investors continued to dump their shares in Philippine companies, as net foreign selling doubled to P1.61 billion yesterday from the P585.29 million in net outflows registered on Tuesday.

Still, Mr. Bodollo deemed the market’s performance on Wednesday as hint of a possible recovery, saying: “It’s a good sign that we rebounded from a low of 7,493. It is comfortable to buy back already, since 7,500 seems to be a strong support for now.” — Keith Richard D. Mariano

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=psei-dips-as-investors-wait-for-fed&8217s-next-move&id=133438
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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