Tuesday, June 3, 2014

Daily Summary 3 Jun 14

Dow was +26 last night at 16744.  Europe was mixed.  Dow's trend is up.  Dow's future is now -11.  Europe opened down.

Asian bourses were mostly up.  Nikkei +98, ShanghaiC -1, Hangseng +209.  STI closed -7 at 3296.  Volume was 1.6b shares.  Gainers were 201 to 252 losers.

Short term trend of STI is flattening.

Top volumes were WCorp +0.5, Noble +2, Hankore -8.5, Vallianz+0.1, Scintronix unchanged, Rowsley +0.5, HPHTrust -0.5, QTVascular unchanged, Sunvic unchanged, HuAn -0.8.

Market opened down, recovered slightly but fell back to close -6.  Blue chips were mixed with more losers.  Penny and speculatives were also weaker. Volume was low and trading was quiet.

Europe and Dow are looking slightly weak at the moment.

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