Thursday, July 10, 2014

Daily Summary 10 Jul 14

Europe closed mixed last night. Dow was +79 at 16986.  Dow's uptrend remains intact.  Dow's future is now -145.  Europe opened down.

Asian bourses were mixed.  Nikkei -86, ShanghaiC -0.3, Hangseng +63. STI closed -6 at 3270. Volume was 1.7b shares.  Gainers were 209 to 221 losers.

Short term trend of STI is down.

Top volumes were IHC unchanged, Artivision -0.1, APAC -0.2, Vallianz -0.3, Ellipsiz +0.2, Blumont unchanged, SMJ +3, GoldenAgri -1, Oceanus -0.2, SIIC unchanged.

Market opened up but slid down through the day. It fell further in late after to close at day low. Blue chips were weaker. Penny and speculatives were mostly in the red.

Europe and Dow are looking weak for tonight.

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