Tuesday, November 4, 2014

Daily Summary 4 Nov 14

Europe and Dow pulled back a bit after the recent gains. Dow closed -24 at 17366.  Dow's trend is up.  Dow's future is now +10.  Europe opened up.

Asian bourses were mixed. Nikkei +449, ShanghaiC +1, Hangseng -70.  STI closed -10 at 3281.  Volume was 2.3b shares.  Gainers were 186 to 264 losers.

Trend of STI is up.

Top volumes were WE +0.2, Charisma unchanged, Vallianz -0.3, IC +0.5, OLS +0.1, PSL +0.3, Blumont -0.1, Mirach -0.3, EMSEnergy +0.2, Adventus +0.2.

Market opened and dipped instantly. It stayed negative most of the day with a short interval staying at flat.  Blue chips were mixed. Penny and speculatives were weaker as well. A bit of consolation folowing Dow's trend last night.

Dow and Europe are looking steady at the moment.

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