Monday, February 24, 2014

Daily Summary 24 Feb 14

Dow was -30 on Friday closing at 16103.  Europe closed positive.  Dow's trend is still up but appears to be consolidating at this level.  Dow's future is now -10.  Europe opened mixed.  

Asina bourses were mostly down.  Nikkei -28,  ShanghaiC -37,  Hangseng -180.  STI closed +6 at 3106.  Volume was 2.2nb shares.  Gainers were 209 to 263 losers.

Trend of STI is up.

Top volumes were MirachEner +0.7, CCM +0.1, Albedo -0.1, KLW +0.2, Vallianz +0.7, Cedar -0.1, OttoMarine +0.3, HanKore -0.1, CNA +0.7, Federal -0.1.

Market opened up but slipped momentarily to negative before closing at +6. Volume was low.  Blue chips were mixed. Penny and speculatives were also mixed. It was a sideway market but steady.

Dow and Europe are mixed at the moment.

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