Wednesday, April 9, 2014

Daily Summary 9 Apr 14

Europe were marginally down last night but Dow closed +10 at 16256.  Dow's trend is down.  Dow's future is now +40.  Europe opened firmly up.  

Asian bourses were mixed.  Nikkei -307,  ShanghaiC +7, Hangseng +246.  Volume was 2.4b shares.  Gainers were 269 to 205 losers.

Trend of STI is up but a bit flat at this point.

Top volumes were Albedo +0.3, HanKore unchanged, CharismaEner -0.1, AusGroup +9.5. GoldenAgr +2, JES +1.2, AddvalTech +0.1, CCM +0.1, Tritech -0.5, Noble -4.5.

Market opened flat but traded the whole day staying just on the positive side. Blue chips were mostly green. Speculatives and penny stocks were slightly more firmer.

Dow and Europe are looking for a positive closing tonight.

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