Afternoon trading May 22

Thanks @shovel40, @Fiji1, @uncleBuck, Johnl and morning crew.

Half-time wrap:

Aussie stocks fell back from a three-month high after national debt worries triggered a sharp "Sell America" sell-off overnight.

The ASX 200 dropped 47 points or 0.56% towards what would be only its second loss in twelve sessions.

Gains in gold miners were eclipsed by declines across the wider market. Energy producers and tech companies were hit hardest.

US stocks slumped to their biggest loss in a month after weak demand for a bond auction shone the spotlight on the national debt as the White House tries to drive a massive tax and spending bill through Congress. Stocks, bonds and the US dollar all sold off following the auction. The S&P 500 crumbled 1.61% to a second straight loss.


Personal trading: Solid morning. Pip from CRI. Scalped VTM twice. Small breakout trade in DMP. A few pips from BRG off the retest of the intraday low.