Daily Summary 21 May 14

Europe and Dow were down last night. Dow -138 at 16374. Dow's trend is down.  Dow's future is now +20.  Europe opened down.

Asian bourses were mixed.  Nikkei -33, ShanghaiC +17, Hangseng +2.  STI closed -4 at 3262.  Volume was 1.33b shares.  Gainers were 210 to 219 losers.

Trend of STI is still sideways.

Top volumes were HanKore -0.2, Amplefield unchanged, KLW -0.3, Gallant +2, RHPetroGas -6, LCDGlobal +0.9, ChinaFibretech +0.2, JES +0.3, Noble -0.5, RexIntl +1.

Market opened marginally down and stayed that way through the day. Volume was a low of 1.3b shares.  Blue chips were mixed. Penny and speculatives were slightly weaker.

Europe is looking weak now but Dow's future is a bit firm.