Thursday, May 8, 2014

Daily Summary 8 May 14

Europe were flat last night. Dow +118 at 16519.  Dow's trend is flat. Dow's future is now +16.  Europe opened Up.  

Asian bourses were mostly up.  Nikkei +130, ShanghaiC +5, Hangseng +91.  STI +8 at 3244.  Volume was 1.5b shares.  Gainers were 228 to 205 losers.

Trend of STI is still down.

Top volumes were ICP unchanged, HanKore -0.1, Charisma +0.2, LifeBranz unchanged, GlobalTech +0.1, Vallianz +0.4, ASJ +0.9, APAC -0.5, GoldenAgri -0.5, OttoMarine +0.3.

Market opened slightly up and traded in a small range. Blue chips have a bit more gainers than losers.  Penny and speculatives were mixed. Volume again was very low at barely 1.5b shares.

Europe and Dow are looking firm at the moment.

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