Monday, December 22, 2014

Daily Summary 22 Dec 14

Dow and Europe closed slightly positive on Friday. Dow +27 at 17805.  Dow's short term trend is up.  Dow's future is now +48,  Europe opened up.

Asian bourses were mostly up. Nikkei +14, Shanghaic +20, Hangseng +292.  STI closed +46 at 3326.  Volume was 1.6b shares.  Gainers were 305 to 139 losers.  

Short term trend of STI is up.

Top volumes were Memstar +1, IHC unchanged, OttoMarine +0.4, GoldenAgri +1, APAC -0.3, Vallianz +0.3, Noble +0.5, OLS +0.1, Magnus -0.2.

Market opened up and continued to rise to close at day high.  Blue chips were mostly up. Penny and speculatives were also mostly green. This is looking like a pre Xmas rally.

Dow's future and Europe are looking good for tonight.

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