Afternoon trading July 24

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The share market reached the halfway mark little changed as poorly-received trading updates from Google-owner Alphabet and Tesla weighed on US stock futures.

The ASX 200 inched up a point or 0.01% as declines in energy producers, supermarkets and property trusts largely offset gains in retailers and miners.

Soft overnight leads from Wall Street were compounded by a drop in futures after the first pair of the Magnificent Seven group of market leaders reported Q2 earnings. Alphabet eased 2.18% in after-hours trade despite beating expectations. Tesla skidded 7.76% after falling short of forecast.

S&P 500 futures declined 0.32%. Nasdaq futures shed 0.5%. Overnight, both benchmarks finished less than 0.2% lower.


Personal trading: In the absence of better ideas I took IMU back at support for a pip. The stock thread says it's going to be a multi-multi-multi bagger. The threads are never wrong. (But the stock price sometimes is.) Had buy orders waiting a pip too low for DGR and HYT.