Afternoon trading December 5

Thanks @shovel40, @Fiji1, @Patterns and morning crew.

Sorry about this morning's thread-title confusion. Hope I got this one right...


Half-time wrap:

Aussie shares fell back from 10-week highs, mirroring a retreat on Wall Street overnight as commodity prices contracted and treasury yields rebounded.

The ASX 200 dropped 63 points or 0.89% ahead of this afternoon's RBA interest rate announcement. A risk-off session saw miners, tech companies and small and speculative stocks spearhead the sell-off. Defensive utilities and healthcare providers bucked the downtrend.

The market was responding to a weak set of overnight leads that included a tech-led decline in the US, a sharp reversal in gold from record levels and pressure on commodity prices as the US dollar rebounded. The S&P 500 eased 0.54%.


Personal trading: Pretty ugly morning. A lot of recent forum favourites dragged to the abattoir. I got a couple of pips from BBX and one from SHN from just below the round number. Also took TSL before it calcified.