Friday, July 11, 2014

Daily Summary 11 Jul 14

Europe and Dow were down last night. Dow -71 at 16915.  Dow's trend is up though short term trend is slipping down. Dow's future is now +43.  Europe opened up.  

Asian bourses were mixed.  Nikkei -52, ShanghaiC +9, Hangseng -6.  STI closed +20 at 3290.  Volume was 1.4b shares.  Gainers were 211 to 226 losers.

Trend of STI is flat.

Top volumes were APAC +0.2, MirachEnergy -0.7, IHC -0.5, Vallianz +0.1, Artivision -0.3, Sincap +1.1, Polaris -0.1, SIIC +0.2, ChinaGaoxian +0.2, SMJIntl -3.5.

Market opened up despite Dow's fall last night. It continued to gain strength through the day to close at day high. Blue chips were generally firmer. Penny stocks were also seeing more gainers.

Europe and Dow are looking steady at the moment.

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