Dow and Europe were slightly up last
night. Dow was +19 at 16943. Dow's trend is up. Dow's future
is now -25. Europe opened slightly up.
Asian bourses were mixed. Nikkei
-129, ShanghaiC +22, Hangseng +18. STI -11 at 3295. Volume
was 3.1b shares. Gainers were 216 to 248 losers.
Short term trend of STI is flat.
Top gainers were SunMoonFood +0.1, ChinaSingInv
+1.9, InnoPac +0.5, IPCO +0.3, ChinaJishan +1.7, YongXin +0.7, Changjiang
+0.7, Blumont +1.1, CEFC +0.6, Armarda +0.1, Magnus +0.3.
Market opened flat but slipped down
by the first hour and stayed down throughout the day. It closed at
near day low. Blue chips were mostly down. Penny stocks and speculatives
continued to be in play with most penny stocks making gains. The top volume
40 stocks, mainly super penny stocks, were green.
The has switched from blue chips and
reits to penny stocks.
Europe are positive at the moment while
Dow's future is looking a bit down.
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