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 11, 2018 Data)

Total Traded Value – – Low
Advances Declines – (Ideal is 2:1) 150 Declines vs. 58 Advances = 2.59:1  Bearish
Total Foreign Buying  PhP 2.006 Billion
Total Foreign Selling – (PhP 2.583)  Billion
Net Foreign Buying (Selling) – (PhP 0.577)  Billion – 9th day of Net Foreign Selling after 2 days  of Net Foreign Buying

Data from the Philippine Stock Exchange

Screenshot courtesy of 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 slump on US-North Korea meet concerns

September 11, 2018 | 9:00 pm

LOCAL EQUITIES slumped on Tuesday as the second meeting between United States and North Korean leaders alongside the delay of President Rodrigo R. Duterte’s scheduled speech in the afternoon dampened investor sentiment.

The bellwether Philippine Stock Exchange index (PSEi) dropped 1.02% or 78.14 points to close at 7,518.01 Tuesday, September 11, managing to rise from its intraday low of 7,492.40 before the closing bell. The broader all-shares index likewise fell 0.93% or 43.43 points to 4,597.28.

“Participants may have been anticipating President Duterte’s supposed address to the nation. This was, however, moved from the original schedule of 3 p.m. to a later time,” Papa Securities Corp. trader Gabriel Jose F. Perez said by e-mail.

Mr. Duterte announced on Monday that he will be addressing the nation at 3 p.m. on Tuesday, Sept. 11. Malacañang, however, canceled the supposed appearance and later said that the president will have a “tête-à-tête” with Chief Presidential Counsel Salvador Panelo.

“Local shares slid once more as FANG weakness, apprehension over a second meeting between Trump and Kim Jong Un, and lingering concern over US and China trade tensions weighed on investor optimism,” Regina Capital Development Corp. Managing Director Luis A. Limlingan said in a text message.

FANG stocks are those of four of the largest technology companies in the world, namely Facebook, Amazon, Netflix and Google. The stocks have been declining in previous days which some analysts attribute to seasonality.

North Korean leader Kim Jong Un was also reported to have requested for a second meeting with US President Donald J. Trump to continue nuclear negotiations. This will be a follow-up to their first meeting in Singapore last June.

Wall Street indices ended mixed overnight, with the Dow Jones Industrial Average dipping 0.23% or 59.47 points to 25,857.07. In contrast, the S&P 500 index gained 0.19% or 5.45 points to 2,877.13, while the Nasdaq Composite index added 0.27% or 21.62 points to 7,924.16.

Most Asian indices also posted slower performances following the announcement of Kim Jong Un’s second summit with Mr. Trump.

Back home, all sectoral indices closed in negative territory, led by the mining and oil sector which closed 2.19% or 212.43 points lower at 9,447.46. Holding firms shed 1.8% or 136.12 points to close at 7,396.41; industrials gave up 0.8% or 91.04 points to 11,227.99; financials slipped 0.75% or 12.85 points to 1,692.92; services lost 0.48% or 7.37 points to 1,510.32; while property went down 0.37% or 13.93 points to 3,728.90.

Some 1.12 billion issues switched hands valued at P5.40 billion, thinner than the previous session’s P7.40 billion.

Decliners were almost triple advancing stocks, 150 to 58, while 42 names ended flat.

Foreign investors were net sellers for a ninth straight day, with net outflows reaching P577.03 million on Tuesday, albeit lower than the P852.58 million in net sales posted on Monday. — Arra B. Francia

Source: http://www.bworldonline.com/stocks-slump-on-us-north-korea-meet-concerns/

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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 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.