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,  2017  Data)

Total Traded Value –  PhP  5.845  Billion – Low
Advances Declines – (Ideal is 2:1)  103 Declines vs.  87 Advances = 1.18:1  Neutral
Total Foreign Buying – PhP 3.067  Billion
Total Foreign Selling – (PhP  3.191)  Billion
Net Foreign Buying (Selling) –(PhP 0.124)  Billion – first day of Net Foreign Selling after 2 days 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

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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PSEi ends above 8,000 despite lackluster trade

September 6, 2017

THE Philippine Stock Exchange index (PSEi) managed to finish above 8,000 even after trading for most of Tuesday afternoon below the critical mark largely because of regional security worries, analysts said.

The bellwether index closed higher by 14.15 points or 0.17% to 8,049.35 on Tuesday.

The all-shares index also finished higher by 4.94 points or 0.10% to 4,766.93.

“Philippine markets managed to lightly finish in the green despite trading most of the afternoon in the red as it kept afloat the psychological 8,000 support mark,” said Luis A. Limlingan, business development head at Regina Capital Development Corp.

“This, despite still lackluster developments, with US stocks futures falling on Monday still due to the recent nuclear test of North Korea,” he added.

“Markets around the world are somewhat cautious due to North Korea but our own market is actually quite resilient even ending the day up,” said Miko S. Sayo, trader at Angping & Associates Securities, Inc.

North Korea claimed to have successfully tested a nuclear bomb, causing jitters in financial and stock markets across the region. Philippine stocks were among those that managed to close higher on Monday despite the alarming news.

Regina Capital’s Mr. Limlingan added that the local consumer price index came out slightly above expectation. He said Regina Capital expected inflation to have climbed to 3.1% year on year in August from 2.8% in July. This compares with the consensus of 3%.

“Sequential momentum has been around 0.3% (month on month) with the increase in local gasoline prices during the month and some reversal in the recent softness in food prices,” he said.

Among sectoral indices, mining and oil shares recorded the biggest increase at 91.16 points or 0.67% to 13,586.59. Industrials followed with a rise of 62.41 points or 0.56% to 11,174.14. Services went up 0.34% or 5.94 points to 1,735.56; property climbed 0.2% or 7.55 points to 3,781.27; and holding firms gained 0.13% or 10.57 points to 7,941.69. On the other hand, financials dropped 6.42 points or 0.32% to 1,982.61.

Value turnover was at P5.84 billion, down from P6.45 billion on Monday, with 2.21 billion shares changing hands.
Declining stocks outnumbered advancers at 103 to 87, while 55 issues finished unchanged.

Foreign funds sold more shares than they bought, resulting in a net selling of P123.61 million worth of stocks and reversing the other day’s net buying of P257.99 million.

In contrast, most Southeast Asian stock markets fell on Tuesday as simmering tensions on the Korean Peninsula continued to hurt sentiment.

South Korea said on Tuesday an agreement with the US to scrap a weight limit on its warheads would help it respond to North Korea’s nuclear and missile threat after Pyongyang’s nuclear test last Monday. — Victor V. Saulon with Reuters.

Source: http://bworldonline.com/psei-ends-8000-despite-lackluster-trade/

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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.