Tuesday, February 11, 2014

Daily Summary 11 Feb 14

Dow was +8 at 15802 last night. Europe were mixed.  Dow's trend is up and looking for a golden crossing.  Dow's future is now +65.  Europe were firm up at the moment.

Asian bourses rallied. Nikkei +256, ShanghaiC +18, Hangseng +384. STI  closed +12 at 3029.  Volume was 2b shares.  Gainers were 321 and losers 159.

Trend of STI is turning up and attempting a golden crossing.

Top volumes were Transcu unchanged, AdvSCT +0.1, Albedo +0.1, PSL +1, HanKore -0.1, CharismaEner +0.1, Federal +0.3, Sunvic +3, CCM -0.1, KLW +0.1.

Market opened flat but moved up with regional markets. It closed off its day high of 3043, closing at 3029.  Blue chips were mostly up. Penny and speculatives were also firmer.

Both Dow and STI charts are turning up and looking up firming up for an uptrend.

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