Day Traders Melbourne Cup 1 Nov

Morning all
Thanks Shelbs and crew
expect a light volume day today

SPI:
XJO Yesterday: +34 @ 5317



Local markets put in a beauty yesterday, outperforming other bourses.

U.S. equities closed around breakeven on Monday, after gyrating between slight gains and losses as an investigation into new Hillary Clinton emails kept investors on edge.

The Dow Jones industrial average closed about 20 points lower, with Goldman Sachs contributing the most gains and Nike the most losses. The index also posted its narrowest single-day trading range since September 7 and the third-narrowest of 2016.
The S&P 500 fell less than a point, despite utilities rising about 2 percent. The Nasdaq composite closed just below breakeven.
Monday was also the last day of October, with the Dow and S&P extending their slide to three months, while the Nasdaq snapped a three-month winning streak.
"Punch drunk from the highly unanticipated Brexit outcome, institutional investors will take a wait and see approach until they have more clarity on how the balance of power in Washington will settle," said Jeremy Klein, chief market strategist at FBN Securities. 1

Oil prices dropped more than 3 percent on Monday to touch a one-month low on doubts about OPEC's ability to implement its planned production cut, even as cartel officials approved a document outlining their long-term strategy.
Oil: $46.67 - $ 2.03

Gold: $1278
HUI: + 2.6%
AUD Gold: $1679

AUD: .7611

Have a good day

Sources:
1 CNBC