Thursday, August 21, 2014

Daily Summary 21 Aug 14

Europe were down last night but Dow closed +60 at 16979.  Dow's trend is up.  Dow's future is now +35.  Europe opened up.

Asian bourses were more down. Nikkei +132, ShanghaiC -10, Hangseng -166.  STI closed +2 at 3325. Volume was 1.6b shares.  Gainers were 219 to 220 losers.

Short term trend of STI is still up.

Top volumes were APAC +0.2, MirachEnergy -1, SingaporeeDev unchanged, IHC unchanged,  Blumont +0.1, KLW unchanged, ThaiBev +0.5, GoldenAgri unchanged, Ellipsiz 0.3, Charisma +0.1

Market opened slightly up but drifted aimlessly the whole day. It closed +2 at 3325. Blue chips were mixed and so were penny and speculatives.

Europe and Dow are looking steady and slightly positive at the moment.

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