Thursday, March 5, 2015

Daily Summary 5 Mar 15

European bourses were up last night but Dow closed -106 at 18097.  Trend of Dow is reversing down.  Dow's future is now +10 . Europe opened up.

Asian bourses were mostly down.  Nikkei +48, ShanghaIc -30, Hangseng -272.  STI closed -20 at 3395.  Volume was 1.4b shares.   Gainers were 180 to 252 losers.

Trend of STI slipping down.

Top volumes were AdvanceSCT unchanged, Xpress -0.1, SIIC +0.4, IHC unchanged, UniFiber +0.4, GoldenAgri -1.5, Genting -1.5, Noble +0.5, WE -0.1, ThaiBev -1.5.

Market opened flat, turned up for an hour and slipped to negative and stayed negative for the rest of the day. It closed at day low,  Blue chips were mostly red. Penny and speculatives too were weaker.

Europe and Dow's future are now positive.

Wednesday, March 4, 2015

Stock Picks 5 Nar 15

UOBKH
Smartflex Holding - Buy - TP $0.25

Daily Summary 4 Mar 15

Europe and Dow were all down last night.  Dow -85 closing at 18203.  Dow's trend is still up but toppish.  Dow's future is now -34.  Europe opened mixed.

Asian bourses closed mixed.  Nikkei -112, ShanghaiC +17, Hangseng -237.  STI closed -4 at 3418.  Volume was 1.4b shares. Gainers were 217 to 235 losers.

Trend of STI is flat.

Top volumes were AdvanceSCT unchanged, PNEMicron +0.1, IHC unchanged, GoldenAgr +1, Noble -1, ThaiBev +2, SIIC +0.3, SinoConstruction +1, Xpress +0.2, Yuuzoo +4.

Market opened flat then moved up to stay positive for most part of the day. It dipped to negative in the last few minutes of trading to close slightly negative. Blue chips were mostly down. Penny and speculatives were mixed.

European bourses opened mixed. Dow's future is slightly down at the moment.

Tuesday, March 3, 2015

Stock Picks 4 Mar 15

DBSV
IREIT - Buy - TP $0.90
Midas - Buy - TP $ 0.49

OCBC
Libra - Buy - TP $0.37

Daily Summary 3 Mar 15

European bourses were mixed and flat. Dow closed +156 at 18289.  Dow's trend is turning back up.  Dow's future at the moment is -8.  European bourses opened up.

Asian bourses were mixed. Nikkei -12, ShanghaiC -72, Hangseng -185.  STI closed +24 at 3427.  Volume was 1.4b shares.  Gainers were 200 to 270 losers.

Trend of STI is seeing the first day of rebound. Trend is flat.

Top volumes were GoldenAgri +1.5, Noble +6.5, SinoConstruction -4.7, IHC unchanged, PacificAndes -0.1, Xpress -0.1, ThaiBev -0.5, NextGen +0.1, GSH unchanged, Ezion -0.5.

Market opened and and stayed positive for the whole session. It closed off its high but still +18.  Blue chips were firmer. Penny and speculatives were weaker.

European bourses are up but Dow's future is now slightly down.

Monday, March 2, 2015

Daily Summary 2 Mar 15

Europe were generally slightly up. FTSE was flat.  Dow closed -82 to close 18133 on Friday.  Dow's trend is starting to turn down.  Dow's future is now +36.  Europe opened mixed.

Asian bourses closed mixed and relatively flat.  Nikkei +29, ShanghaiC +26, Hangseng +64.  STI closed -4 at 3399.  Volume was 1.5b shares.  Gainers were 153 to 340 losers.

Trend of STI is down.

Top volumes were Xpress -0.1, MDR unchanged, Noble -3, GoldenAgri -0.5, IHC unchanged, Genting -1, SingTel +2, SIIC -0.1, Ezion -3.5, ThaiBev +1.5.

STI opened up but slipped to negative quickly. it stayed negative for the most part of the session but within a small range. Blue chips were generally weaker.  Penny and speculatives too were seeing more reds.

Europe opened mixed.  Dow's future at the moment is slightly up.

Sunday, March 1, 2015

Stock Picks 2 Mar 15

DBSV
China Merchants - Buy - TP $1.42
Midas, - Buy - TP $0.49
Japfa - Buy - TP $0.76
Venture Corp - Buy - TP $8.40

OCBC
Thai Beverage - Buy - TP $0.80
YangZiJiang - Buy - TP $1.33
Venture Corp - Buy - TP $8.41
Libra - Buy - TP $0.37