Friday, April 17, 2015

Daily Summary 17 Apr 15

Europe and Dow were slightly down last night.  Dow closed -7 at 18106.  Dow's trend is still up.  Dow's future is now -28.  European bourses opened flat.  

Asian bourses were mixed.  Nikkei -233, ShanghaiC +94, Hangseng -87.  STI closed -13 at 3519.  Volume was 2.6b shares.  Gainers were 232 to 259 losers.

Trend of STI is toppish and starting to turn down.

Top volumes were PacificAndes +0.5, SinoConstruction -0.4, Polaris +0.1, SIIC unchanged, Jaya +0.2, GlobalYellowpg +0.1, Healthway +0.2, IHC unchanged,Vallianz -0.3, ChinaEnv +0.1.

Market opened flat, turned up slightly for two hours and drifted down and stayed down for the rest of the session. Blue chips were seeing more losers than gainers.  Overall market was mixed.

Europe is flat and slightly weaker at the moment.  Dow's future is also slightly down.

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