Day Trading 6 July

THE PENSKE FILE JULY 6 2014



Hard shoes to fill - a bit like being picked to fill in for Bradman whilst he is injured

SP5oo: Closed friday last - 1773o
DAX: 11058 down 41
FTSE: 6585 down 44

SPI FUTURES: Sept: 5480 -7
USD $96.49 +.3
AUD $.7481

COMMODITIES:
Oil:$55.64
Gold:$1169.3
Silver:$15.68
Copper:$2.60 unchanged
Nickel:$5.44 up .07%
Zinc:$.91c unchanged
Lead:$.79c unchanged
Iron Ore $55.63 down 6%

(Sources for above ex. SPI futures): **promotion blocked**.com
SPI Source: ASX

The Greek people have emphatically voted NO to Euro bailout, backing the government. The market awaits the full impact of Greek news, with Asian markets today perhaps putting out a barometer on global reactions to their referendum.
No US lead, Euro markets down
Aussie dollar below 75c first time since 2009, tipped to go to 72c-73c, can help ease commodity declines in AUD terms
Iron ore miners facing more pressure with continued decline in price

Good Luck
Hope we are all Penske Material Today