Thursday, August 14, 2014

Daily Summary 14 Aug 14

Europe and Dow were positive last night.  Dow +91 at 16652.  Short term trend of Dow is up.  Dow's future is now -8.  Europe opened down.

Asian bourses were mixed.  Nikkei +101, ShanghaiC -18, Hangseng -89.  STI closed -7 at 3294.  Volume was 1.5b shares.  Gainers were 217 to 230 losers.

Trend of STI is going down.

Top volumes were IHC unchanged, MirachEnergy +0.8, GoldenAgri +0.5, Blumont +0.2, Memstar -0.1, AdvanceSCT unchanged, HPHTrust +0.5, APAC -0.2, Polaris -0.1, Terratech +1.1.

Market opened up but ended down and closing at near day low.  Volume was a pathetic 1.5b shares.  Blue chips were slightly weaker.  Penny and speculatives were generally weaker as well.

Europe and Dow are looking slightly weaker at the moment.

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