daytrades may 21 morning ...

Happy Mufti Day Traders (thanks for the handover highlandlad),
Dow Snapshot

"Stocks got pummeled Thursday, with the Dow, Nasdaq and S&P 500 losing enough to fall into "correction territory" - marked by a drop of more than 10% off the rally highs. Worries that the European debt crisis and slump in the euro might spark a second leg down for the global economy fueled the selling, extending the recent declines. The market had cut losses in the afternoon as the euro gained ground against the dollar, but stocks reversed course and ended just above their lows after the Wall Street reform bill cleared a key hurdle in the Senate that all but assures its passage." [Source: cnnmoney.com]

The DJIA Index finished the session: Down 376.36 pts; and
The SPI Futures are currently: Up 106 pts atm.

Of Note in Australia Today:

There is no noteworthy 'Economic news' due to be released in Australia today; and

Of Note in the US tonight:

There is no noteworthy 'Economic news' due to be released in the US this evening.

[Sources: Bloomberg & fxstreet.com]

Gold Futures: Gold is Down $1.00 atm and is currently sitting at $1,182.00/oz (Kitco);
Oil Futures: Oil is Down $1.36 at $69.44/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8148 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

Please click here to go to the 'Pre-Market thread'