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 5, 2016 Data)
Total Traded Value – PhP 5.840 Billion – Low
Market Breadth and Sentiment indicated by Advances Declines Ratio – (Ideal is 2:1 to be considered Bullish or Bearish) 112 Declines vs. 78 Advances = 1.44:1 Neutral
Total Foreign Buying – PhP 2.238 Billion
Total Foreign Selling – (PhP 2.849) Billion
Net Foreign Buying (Selling) (PhP 0.611) Billion – 9th 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: ==================================================

Stocks slip as ‘state of lawlessness’ spooks mart

By Keith Richard D. Mariano, Reporter

Posted on September 06, 2016

LOCAL STOCKS started the week on a negative note, as security concerns across the country overshadowed diminished prospects for a September rate hike in the United States.

The bellwether Philippine Stock Exchange index (PSEi) settled 43.37 points or 0.55% lower at 7,764.05 on Monday, cutting short its rebound from the seven consecutive sessions of descent that ended last Friday.

The broader all shares index likewise dropped 15.67 points or 0.33% to 4,614.19 during the session marked by thin trades.

Philippine stocks bucked the regional uptrend triggered by the weaker-than-expected US nonfarm payrolls report that subsequently weakened the case for the US Federal Reserve to implement a rate hike this month.

“Our deviation from the day’s norm suggests the influence may be coming from the domestic front,” Justino B. Calaycay, Jr., head of marketing and research at A&A Securities, Inc., said in a market note.

Mr. Calaycay flagged a negative investor reaction toward the reported bombing in Davao City and the subsequent move of President Rodrigo R. Duterte to place the whole country under a “state of lawless violence.”

“While most try to brush off the declaration of a ‘state of lawlessness’ whose details are still unclear at this time as a primary reason for the slump, the fact that our peers in the region are presently trading higher somewhat diminishes the impact of whatever prevailing external risks — which would have similarly affected them,” Mr. Calaycay said.

All counters posted losses. Services retreated by 10.78 points or 0.68% to 1,554.80; property by 21.57 points or 0.60% to 3,518.46; holding firms by 32.65 points or 0.42% to 7,698.84; industrial by 44.15 points or 0.37% to 11,815.97; financials by 4.54 points or 0.24% to 1,821.26; and mining and oil by 7.40 points or 0.06% to 10,705.02.

The session reflected a lack of interest in local stocks, with the value turnover falling below average to P5.84 billion after 1.52 billion shares exchanged hands from Friday’s P7.69 billion.

Decliners trumped advancers, 112 to 78, while 51 names were unchanged. Foreign investors maintained a net selling position, but narrowed it to P611.36 million from Friday’s P820.47 million and the P1.9-billion daily average recorded last week.

In a briefing in Mandaluyong City yesterday, COL Financial Group, Inc. Vice-President and Head of Research April Lynn C. Lee-Tan noted that investor concerns over the president’s declaration of a state of lawless violence will likely dissipate within the short term.

Joylin F. Telagen, equity analyst at IB Gimenez Securities, Inc., echoed this view, saying in a mobile phone message: “I think this would be temporary as government assured that the city is safe. This week, we see PSEi to consolidate around the 7,800 level.”

Source: http://www.bworldonline.com/content.php?section=StockMarket&title=stocks-slip-as-&145state-of-lawlessness&8217-spooks-mart&id=132975
==================================================

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)

===================================================

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