Afternoon trading June 4

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

Aussie shares threatened their first loss in three sessions as multi-week lows in oil and iron ore weighed on resource stocks.

At the halfway mark, the ASX 200 was 5 points or 0.07% weaker. Drags included Fortescue Metals, BHP and Rio Tinto after ore prices slumped to a four-month low in China yesterday. Overnight declines in crude and natural gas helped drive Woodside Energy and Santos down more than 1.5%.

Support came from gold miners, banks and property stocks.

Today's retreat followed a mixed session on Wall Street. Soft factory figures weighed on the cyclical stocks of the Dow, while a record close for Nvidia helped keep the Nasdaq and S&P 500 in positive territory.


Personal trading: FAL was an easy pick on retrace, but I coulda got more out of it with a little more patience on entry. Took a small position in RNX on retrace. Shoulda taken ENV at 1.9c for the first bounce. Didn't. Watching CCP.