Monday, February 3, 2014

Daily Summary 3 Feb 14

Gong Xi Fa Cai,

Dow and Europe were down on Friday. Dow -150 closing at 15699.  Dow's trend is down.  Dow's future is now +18.  Europe opened slightly down.

Asian bourses were mostly down.  Nikkei -295, ShanghaiC -17, Hangseng -106.  STI closed -35 at 2992.  Volume was 1.6b shares.  Gainers were 152 to 284 losers.

Trend of STI is down.

Market opened down and dipped further to close near day low, breaking the 3000 level.  Blue chips were mostly down. Penny and speculatives were mixed. Volume was a low of 1.6b shares.

Europe opened mixed while Dow's future is looking better at the moment.

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