Friday, August 15, 2014

Daily Summary 15 Aug 14

Dow and Europe were slightly up last night. Dow closed +62 at 16714.  Dow's short term trend is up.  Dow's future is now +60.  Europe opened up.

Asian bourses were mostly up. Nikkei +4, ShanghaiC +20, Hangseng +154.  STI closed +20 at 3315. Volume was 1.8b shares.  Gainers were 251 to 193 losers.  

Short term trend of STI is attempting to turn up.

Market opened slightly up, slipped down a bit in the morning but remained positive. It gathered strength in late morning and continued to gain to close near day high.  Blue chips were mostly up. Penny and speculatives were slightly firmer.

Europe are positive at the moment and Dow's future is up for now.

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