Tuesday, September 30, 2014

Daily Summary 30 Sep 14

Dow and Europe were slightly down last night. Dow -42 at 17071.  Short term trend of Dow is looking down.  Dow's future is now +24.  Europe opened up.

Asian bourses were mixed. Hangseng continued to fall and closed -296.  Nikkei -137, ShanghaiC +6.  STI closed-17 at 3272.  Volume was 1.9b shares.  Gainers were 172 to 288 losers.

Trend of STI is down.

Market opened down and slipped down further. It recovered some grounds after lunch and closed off its day low.  Blue chips were mostly down.  Penny and speculatives were also weaker, weighed down by Hongkong.

Europe and Dow are looking steady at the moment.

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