Tuesday, January 6, 2015

Daily Summary 6 Jan 15

Dow and Europe were sharply down last night. Dow -331 at 17502.  Dow's trend is down.  Dow's future is now -25.  Europe opened down.

Asian bourses were mostly down. Nikkei -526, ShanghaiC +2, Hangseng -236.  STI -45 at 3283.  Volumes were 1.5b shares.  Gainers wer 143 to 300 losers.  

Trend of STI is down.

Top volumes were Artivision +1.5, IHC -0.5, Noble -0.5, Addvalue +0.7, Memstar -0.1, GoldenAgri +1, APAC unchanged, Midas +2.5, Genting 1.03.

Market opened up for a short while and fell to trade at a lower level for the whole day. It closed slightly off its low. Blue chips continued to be sold down.  Penny and speculatives were also mostly down.

Dow's future and Europe are now negative.

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