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 29,  2017  Data)

Total Traded Value –  PhP  73.733  Billion – High (PhP 64.525 Billion from Block Sale of EDC Shares)
Advances Declines – (Ideal is 2:1)   131 Advances vs. 77 Declines = 1.70:1 Neutral
Total Foreign Buying – PhP 68.716  Billion
Total Foreign Selling – (PhP  37.031)  Billion
Net Foreign Buying (Selling) – PhP 31.685  Billion – first day of Net Foreign Foreign Buying after 3 days of Net Foreign Selling

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 seen sideways as investors hunt for leads

October 2, 2017

INVESTORS will be divided between optimists and pessimists as the stock market enters the final quarter, ushering in possible volatility for the remaining months of the year, analysts said.

Last week, the Philippine Stock Exchange index (PSEi) looked set to scale new heights, but trading ended up mixed although the last trading session was positive for local stocks.

The main index finished Friday’s session at 8,171.43, higher by 15.39 points or 0.18% from the previous day.
“Philippine equities looked poised for a turnaround when the market opened, accelerating past [Thursday’s] close before the midday recess,” said RCBC Securities, Inc. in its recap of Friday’s and the week’s stock market performance.

“However, traders lost their appetite when the market resumed as the market fell almost quickly as it rose,” it said.

RCBC Securities said value turnover remained above average as it has been in the past few days. It also said market breadth was positive, with 131 advancers and 77 decliners.

It said the market was boosted by the P64.5-billion block sale of Energy Development Corp. (EDC), which concluded its tender offer.
Foreign buyers ended as heavy net buyers at P31.7 billion, RCBC Securities said, adding that this was distorted by the EDC tender offer.
It said excluding the EDC transaction, foreigners bought SM Investments Corp. the most, placing this at a net buying of P6.3 million.
For this week, investors will be on the lookout for drivers as the final quarter of the year begins.

2TradeAsia.com, the online arm of F. Yap Securities, Inc., described the start of the fourth quarter as a tug-of-war between optimists and pessimists who have varying calls on whether the equities market still has room for upside.

It said “bears” argue on “heady valuation, and that geopolitical tensions could readily tilt the case in their favor.” On the other end, optimists or those that put their bet on a strong “ber” months see more room to partake on “ber”-month spending.

The research unit said optimists believe borrowing costs “are still benign and could readily provide the boost in share prices, based on earnings plus-side.”

“Either way, this sentiment variation spells volatility in equities, which could provide capital gains opportunities for those who do their homework diligently,” it said.

“The PSEi’s move below 8,200 may have startled some players, but not investors willing to ride the Philippine’s growth prospects. We view this ‘blip’ as temporary, possibly to shake off newbies against seasoned experts,” it said.

“Whipsaws are part of equities investing, and these occurrences present buying windows for those who are brave enough to partake on the country’s fundamental merits with a more calculated view on risks. Position on dips. Immediate support is 8,100, resistance 8,250-8,300,” it added. — V.V. Saulon

Source: http://bworldonline.com/stocks-seen-sideways-investors-hunt-leads-2/

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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.