Friday, January 16, 2015

Daly Summary 16 Jan 15

Europe were up but Dow -106 at 17321.  Dow's trend is down. Dow's future is now -54.  Europe opened slightly down.

Asian bourses were mostly down except ShanghaiC +41. Nikkei -245 and Hangseng -247.  STI closed -42 at 3297  Volume was 2b shares.  Gainers were 150 to 337 losers.

Short term trend of STI is down.

Top volumes were AdvancedACT +0.1, ChinaEnv 3.2, OLS -0.4, SIIC -0.6, Magnus -0.1, IHC unchanged, GSH unchanged, ThaiBev 4.5, Noble -3.5, Memstar unchanged.

Market opened flat but fell after an hour of trading. It stayed there for the rest of the session. The upheaval in Europe with the lifting of the tradinf band for Swiss Franc would unnerve trading in Europe and US tonight. Blue chips were mostly down. Penny and speculative were mostly down for the weekend.

Europe opened mixed while Dow's future is now slightly down.

No comments:

Post a Comment