Thursday, September 11, 2014

Daily Summary 11 Sep 14


Europe and Dow were slightly up last night.  Dow closed 55 at 17069. Dow's short term trend is still down. Dow's future is now -51.  Europe opened slightly down at the moment.

Asian bourses were  mixed.  Nikkei +120, ShanghaiC -7, Hangseng -43.  STI +7 at 3346.  Volume was 1.4b shares.  Gainers were 189 to 237 losers.

Trend of STI is still flat but looking firmer.

Top volumes were IHC unchanged, APAC unchanged, ThaiBev +2.5, Sincap -0.1, Vallianz -0.7, Genting -1, GoldenAgr -1, Blumont -0.1, Armarda +0.1, Mirach -0.1.

Market opened slightly up and gained a bit more closing near day high with +9 pts.  Volume was still a low of 1.4b shares.  Blue chips were firmer. Penny and speculatives were weaker.

Europe and Dow are looking weak at the moment.

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