Afternoon trading July 5

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The share market trimmed yesterday's rates-pause relief rally following a flat night on European markets while Wall Street was closed for Independence Day.

The ASX 200 reversed 0.3% from yesterday's close. Gains in telecoms, utilities and property stocks were comprehensively out-muscled by declines in banks, healthcare providers and resource stocks.

The Australian benchmark climbed yesterday to its highest in a week and a half after the RBA left the cash rate target unchanged at 4.1%.

US equity futures were little changed ahead of the resumption of trade tonight after the public holiday. S&P 500 futures dipped 0.04%.

Personal trading: Been half a pip off the pace all morning, which is as good as a mile. LDX, MQR, AAU, FRS... On a more positive note, the market is slowly waking up to BM8's germanium potential after the Chinese export cap. Entered yesterday. Hoping for more FOMO if management wakes up to the opportunity. Looking for an entry in MRR if it pulls back a little more.