Friday, December 5, 2014

Daily Summary 5 Dec 14

Dow and Europe were down last night.  Dow closed better than Europe down only 13 pts at 17900.  Dow's trend still looking up.  europe opened firmly up.

Asian bourses were mostl up.  Nikkei +33, ShanghaiC +39,  Hangseng +170.  STI closed +12 at 3316.  Volume was 2.2b shares.  Gainers were 222 to 218 losers.

Trend of STI is still down but could turn back up again.

Top volumes were SIIC -1.6, AdvanceSCT -0.1, IHC unchanged, WE -0.1, Genting -2, APAC -0.1, CapitaMallTrust unchanged, ThaiBev unchanged, Yuuzoo -1, Mirach -0.5

Market opened slightly down but turned up after an hour of trading. It stayed up to closed near day high with +12 pts.  Volume was higher today pasing the 2b mark after such a long time.  Blue chips were slightly firmer. Speculatives and penny stocks were mixed.

Euorpe and Dow's future are firm at this moment.

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