Wednesday, August 13, 2014

Daily Summary 13 Aug 14

Europe and Dow were slightly down last night.  Dow -9 at 16561.  Dow's short term trend is up.  Dow's future is now +49.  Europe opened up.

Asian bourses were mostly up.  Nikkei +52, ShanghaiC +1, Hangseng +201.  STI closed -2 at 3301.   Volume was 1.9b shares.  Gainers were 219 to 211 losers.

Short term trend of STI is sideways.

Top volumes were APAC -0.6, SingaporeeDev +0.1, IHC unchanged, Weiye unchanged, Memstar unchanged, Artivision -0.3, Polaris +0.1, Charisma unchanged, SIIC +0.4, CCFH +0.1.

Market opened flat, fell to negative but only to a low of -10. It closed nearly flat at -2.  Volume was still below 2b shares.  Blue chips were firmer. Penny and speculatives were mixed.

Europe is up on opening and Dow's future is now positive.

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