Tuesday, August 19, 2014

Daily Summary 19 Aug 14

Dow and Europe rebounded last night. Dow closed +176 at 16839.  Short term
trend of Dow is up with a golden crossing.  Dow's future is now +38 .
Europe opened up.

Asian bourses were all up.  Nikkei +127, ShanghaiC +6, Hangseng +167. STI
closed +6 at 3319. Volume was 1.9b shares. Gainers were 255 to 191 losers.

Short term trend of STI is up with a golden crossing as well.

Top volumes were Artivision +0.8, Jaya +0.6, MDR -0.1, IHC +0.5, ThaiBev
+1, MirachEnergy -1.8, APAC unchanged, AllianceMineral +3, SingaporeeDev
unchanged, JES +0.2.

Market opened up and stayed up the whole day. It closed nearly flat. Blue
chips were seeing more gainers than losers. Penny and speculatives were
firmer.

Dow and Europe are looking strong at the moment.

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