Monday, January 16, 2017

Daily Summary 16 Jan 17

Europe were firmly up on Friday. Dow closed -5 at 19886. Trend of Dow is flat at this point. Dow's future is now -54. European bourses opened down.

Asian bourses closed mostly down. Nikkei -193, ShanghaiC -10, Hangseng -219. STI closed -13 at 3012. Volume was 2.7b shares. Gainers were 148 to 255 losers.

Trend of STI is still up but flattening.

Top volumes were LionGold unchanged, Equation +0.3, Noble -0.4, AllianceMineral +0.6, Ezion unchanged, AA -0.2, HPHTrust -1, GlobalLogistic -7, GoldenAgri -1, Ezra -0.2.

STI opened flat but fell immediately to negative and stayed negative for the rest of the session closing slightly off its day low. Blue chips were weaker. The general market was also down.

Europe opened down and so is Dow's future at this moment.


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