Thursday, January 22, 2015

Daily Summary 22 Jan 15

Dow and Europe were positive last night.  Dow closed +39 at 17554.  Dow's trend is turning up gradually.  Dow's future is now +51.  Europe opened flat.

Asian bourses were mostly up.  Nikkei +49, ShanghaiC +21, Hangseng +170.  STI closed +17 at 3371.  Volume was 1.8b shares.  Gainers were 318 to 160 losers.

Trend of STI is turning up.

Top volumes were AdvanceSCT unchanged, GoldenAgri -1, Noble+7, CommDesign -0.1, Mirach +0.2, ResorucesPrima -0.1, PacificAndes -0.1, OLS +0.1, IHC unchanged, Vallianz +0.1.

Market opened flat but turned positive and stayed positive for the whole session. It closed near day high at +17.  Blue chips were mostly higher. Penny and speculatives too were mostly firmer. This is looking like the Capricorn effect that comes a bit late.

Europe is still flat while Dow's future is now up.

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