daytrades september 14 morning ...

Good morning Traders (thanks Highlandlad),

DOW Snapshot from previous trading session

"Stocks finished higher Monday as new global banking rules, upbeat economic data from China and some acquisition activity helped boost investor sentiment. Markets around the world gained on news of the global banking agreement. The historic new reform will force financial institutions to more than double their capital reserves as a cushion protecting against future meltdowns. Stocks posted modest gains in a light trading session Friday, as ongoing worries about the economy dampened enthusiasm over an increase in wholesale inventories.

Several economic reports are on tap for the week, and investors are also likely to focus on tax policy as lawmakers return from recess. Congress is expected to work on possible legislation to extend the Bush tax cuts." [Source: cnnmoney.com]

The DJIA Index finished the trading session Up 81.36 pts; and
The SPI Futures are currently: Up 14 pts atm.

Of Note in the US this evening:

Retail Sales [Market moving indicator]

Business Inventories (Jul) [Moderate volatility expected]

... AND ...

Of note in Australia today:

National Australia Bank's Business Confidence (Aug)
[The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.]

National Australia Bank's Business Conditions (Aug)
[The NAB�s Business Conditions released by the National Australia Bank looks at trading, profitability and employment conditions in Australia. It serves as an indicator of overall economic situation in the short term. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]

Gold is currently trading Up $4.00 & is sitting at $1,249.00/oz atm [Source: Kitco];
Oil is currently trading Up $0.18 & is at $77.37/barrel [Source: Bloomberg]; and
The Dollar: The AUD/USD is currently trading @ 0.9333 cents [Source: Forex. Live]

Have a great day trading today all!

Cheers, Tweets (:

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