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hanson_91

966 Posts.

61

05/06/23

13:02

Post #: 68133763
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Originally posted by highlandlad: ↑

Thanks @shovel40, @Fiji1 and morning crew.

A third day of gains lifted the ASX 200 to a one-week high following the Dow's strongest session since January.

Nine of eleven sectors advanced as the Australian benchmark rallied 1.16%. Consumer discretionary stocks set the pace, followed by REITs, financials and healthcare. Utilities and tech were the only sectors to sit out the rally amid pressure on Xero and AGL. Gold miners were also weak.

US index futures took a breather after Friday's bull run. S&P 500 futures eased 0.78%. The US benchmark finished last week on the verge of breaking out of its long bear market.

Personal trading: Took ZLD at the low for a day-3 swing trade. Also took T92 at a test of support. Lost patience with SLZ and bailed. Every time it looks like breaking out, there's a seller with plenty of stock willing to dump. Set-up was promising but hasn't played out as hoped.

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SLZ I agree. frustrating but VSR did similar before its breakout... hoping SLZ does similar so still holding
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