Thursday, February 27, 2014

Daily Summary 27 Feb 14

Dow was +19 last night closing at 16198.  Europe were down.  Dow's short term up trend is still holding. Dow's future is now +32.  Europe opened mixed.

Asian bourses were mostly positive.  Nikkei -48, ShanghaiC +6, Hangseng +391.  STI closed +8 at 3097.  Volume was 3b shares.,  Gainers were 233 to 228 losers.

Trend of STI is still up but threatening to break down.

Top volumes were Transcu unchanged, SingHaiyi +0.2, KLW +0.1, LifeBrandz +0.2, GoldenAgr +2.5, Albedo unchanged, HanKore unchanged, CharismaEner -0.1, PSL +1.

Market opened down but recovered to close positive.  Blue chips were mostly firmer.  Penny and speculatives were mixed. Volume has slightly improved.

Dow and Europe are steady and also trading sideways.

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