Thursday, March 10, 2016

Daily Summary 10 Mar 16

Europe and Dow were slightly up last night.  Dow +38 closing at 17000.  Trend of Dow is up but weakening.  Dow's future at the moment is +29.  European bourses opened flat.
Asian bourses closed mixed.  Nikkei +210, ShanghaiC -58, Hangseng -12. STI closed -1 at 2809.  Volume was 2.6b shares.  Gainers were 195 to 231 losers. 
Trend of STI is up but weakening.
Top volumes were Elektromotive unchanged, Ezra -0.2, IEV +5, Chasen +2.3, MoyaAsia +0.7, Noble -1, NamCheong -0.3, GoldenAgri +2.5, InterraResource -0.1, RexIntl +0.2.
STI opened up but went on a yoyo swing for the whole morning. It started to turn negative and went further down in late afternoon to close near day low and -1.  Blue chips were mostly up but the general market was mixed.
Europe is still flat while Dow's future is slightly up at this moment.

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