Afternoon trading August 4

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    Thanks @shovel40, @Fiji1 and morning crew.

    Half-time wrap:


    Aussie shares added to their first losing week in four weeks following a third straight decline on Wall Street and earnings disappointments from ResMed and Afterpay owner Block.

    The ASX 200 traded both sides of even before reaching mid-session 16 points or 0.22% in the red. A loss today would be the index's third in a row. The index dropped yesterday to its lowest in more than two weeks.

    Gains this morning in resource, banking and tech stocks helped offset pressure on healthcare, property, telcos and utilities. ResMed and Block both logged initial double-digit declines after trading updates.

    Overnight, US stocks eased for a third session as a bond market sell-off accelerated. Treasury yields climbed to their highest since November.



    Personal trading: Spent the morning trading the swings in SQ2. Downside was cushioned by the scale of the fall here vs US listing. Still, the bots made it harder work than it oughta be. Longer term, had a first dab at NSR as a swing trade. More in reserve if it continues lower.

 
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