Wednesday, August 20, 2014

Daily Summary 20 Aug 14

Dow and Europe continued to move up. Dow closed +81 at 16920.  Short term trend of Dow is up.  Dow's future is now -18.  Europe opened down.

Asian bourses were mixed but more were positive.  Nikkei +5, ShanghaiC -5, Hangseng +37.  STI closed+5 at 3321.  Volume was 2.1b shares.  Gainers were 215 to 198 losers.

Short term trend of STI is up.  

Top volumes were MirachEnergy +3.8, Artivision +0.3, ThaiBev +2, Albedo +0.2, IHC unchanged, APAC unchanged, GoldenAgri -0.5, Jaya -0.2, Polaris -0.1, Blumont +0.3.

Market opened up and stayed up the whole day. It closed near to day low at +5.  Blue chips were firmer. Penny and speculatives were mixed.

Europe and Dow's future are looking slightly weaker at the moment.

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