Monday, February 2, 2015

Daily Summary 2 Feb 15

Dow and Europe were all down on Friday.  Dow closed -252 at 17165.  Dow's trend is still slipping down.  Dow's future is now +62.  Europe opened firmly up.

Asian bourses were mixed. Nikkei -116, ShanghaiC -81, Hangseng -22.  STI closed +25 at 3417.  Volume was 1.4b shares.  Gainers were 198 to 270 losers.

Trend of STI is flattening.

Top volumes were PacificAndes -0.2, Vallianz unchanged, IHC +0.5, Noble +3.5, GoldenAgri unchanged, SIIC -0.1, UniFiber +0.3, EMSEnergy unchanged, YZJ +1.5, Tigerair unchanged.

Market opened up and stay positive the whole session. It gained strength gradually through the day to close at day high.  Blue chips were mostly higher.  Penny and speculatives were mixed.  

Europe and Dow's future are showing strength for a good closing to night.

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