Thursday, November 28, 2013

Daily Summary 28 Nov 13

Dow and Europe were all up last night. Dow +25 at 16097.  Dow's trend is
up. Dow's future is now +20.  Europe has opened up.

Asian bourses were mostly up.  Nikkei +277, ShanghaiC +18, Hangseng -17.
STI closed +14 at 3186.  Volume was 1.5b shares.  Gainers were 249 to 173
losers.

Trend of STI is flattening and we are seeing the first rebound after the
recent falls.

Top volumes were Albedo, +0.3, Viking +1.1, Dragon -0.2, Ipco unchanged,
KLW unchanged, GoldenAgr unchanged, Vallianz +0.3, WCorp +0.1, SIICEnv
unchanged, HanKore unchanged.

Market opened flat but gained strength to hit a day high at 3200. It gave
up some gains to close at 3186. It appeared to be some window dressing with
most of the blue chips up. Penny stocks were also firmer.

Europe and Dow are looking positive for tonight.

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