Friday, November 8, 2013

Daily Summary 8 Nov 13

Dow was down last night, -153 at 15594. Europe were mixed.  Dow's trend is starting to turn down.  Dow's future is now +120.  Europe opened down.

Asian bourses were mostly down.  Nikkei -142, ShanghaiC -24, Hangseng -137.  STI -25 at 3177.  Volume was 1.9b shares.  Gainers were 193 to 251 losers.

Trend of STI is down.

Top volumes were SIIC +1.5, Albedo +0.1, ASonic +1.8, YHM -0.1, Rowsley +3, OEL +0.1, ICP unchanged, Oceanus +0.3, Sunmoon unchanged, GoldenAgri -0.5.

Market opened down and drifted down to close at near day low. Volume was less than 2b shares. Blue chips were mostly sold down and in the red. Penny and speculatives were firmer. Rowsley started to come back adding 3c. ChinaEnv also added 3c.

It was a good closing for the pennies but not so for the blue chips.

Europe opened down but Dow looks like trying to recover from last night's losses.

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