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 4,  2017  Data)

Total Traded Value –  PhP  6.450  Billion – Low
Advances Declines – (Ideal is 2:1)  115 Advances vs. 83 Declines = 1:39  Neutral
Total Foreign Buying – PhP 3.670  Billion
Total Foreign Selling – (PhP  3.412)  Billion
Net Foreign Buying (Selling) –PhP 0.258  Billion – 2nd day of Net Foreign Buying after 2 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 consolidate as offshore tensions continue

September 5, 2017

LOCAL STOCKS closed higher on the first trading session of September, with all sector indices turning in positive results, as investors opted for safety amid global uncertainties, analysts said.

On Monday, the Philippine Stock Exchange Index (PSEi) rose by 76.63 points or 0.96% to end at 8,035.20.

The broader all-shares index also climbed by 38.72 points or 0.82% to finish higher at 4,761.99.

“Investors sought for a safe refuge amidst the tension in North Korea, as shares were bought up heavily to begin the first trading session of September,” said Luis A. Limlingan, business development head at Regina Capital Development Corp.

Miguel A. Agarao, vice-president of Philequity Management, Inc., also pointed to overseas tension as a driver for yesterday’s session
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“I think consolidation will continue, especially given the rising geopolitical tension in the region. However, our market’s strength today is a positive sign considering other Asian markets fell because of North Korea’s bomb test,” he said on Monday.

“Until tax reform is passed in full, I expect the sideways movement to continue,” he added.

Yesterday, four of the six sub-indices registered an increase of over a percentage point, with mining and oil stocks taking the lead with a 241.49-point uptick or 1.82% to 13,495.43.

Property stocks came out strong as they gained 59.92 points or 1.42% to end at 3,773.72. Holding firms advanced by 93.01 points or 1.18% to 7,931.12. Industrial stocks moved up by 116.56 points or 1.06% to 11,111.73.

Financials and services lagged. The services counter rose by just 8.53 points or 0.49% to 1,729.62 while financial stocks went up by 0.39 point or 0.02% to 1,989.03.

Trading value thinned by 43% to P6.45 billion yesterday from P11.26 billion on Aug. 31, with 887.27 million shares changing hands.

Gainers outnumbered losers at 115 to 83, while 50 names closed unchanged. Foreigners bought more stocks than they sold on Monday, resulting in a net buying of P257.99 million, although 40% lower than the previous session’s net inflow of P426.13 million.

Joseph Y. Roxas, president of Eagle Equities, Inc., described local shares’ outlook for this month as “still not good.”

“Usually, [the stock market is] in the doldrums till end-October,” he said.
““If it (PSEi) breaks 8,100 [then] that is the significant situation,” Harry G. Liu, president of Summit Securities, Inc., said yesterday.

On the opposite end, Mr. Liu said the main index falling past 7,800 would prompt investors to analyze what triggered the decline.

He added that September, the last month of the third quarter, is the time when fund managers analyze the performance of issues towards yearend. He said investors might be looking at buying options for the rest of the year. — Victor V. Saulon

Source: http://bworldonline.com/stocks-consolidate-offshore-tensions-continue/

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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.