Thanks @shovel40, @paddington bear, @Fiji1 and morning crew.
A positive session, even though the market got a bit over-excited at the open and has since cooled off. The ASX 200's gain for the day has dwindled from 72 points to 46 points or 0.64%. But hey, that's still a solid rally.
Tepid building approvals and business confidence reports mid-morning didn't help. There was a small contraction in building approvals. Meanwhile, business confidence was stuck in neutral.
Resource stocks set the pace this morning. Energy +1.99%, materials +1.74%. Definitely a "risk-on" day, with defensive consumer staples, gold miners and healthcare providers all losing ground.
Personaltrading: Trialling a new broker, which adds a fresh element of uncertainty to the trading day. Like driving a new car, only the steering wheel feels weird, the handbrake is in a different location and it takes forever to work out how the windows and the air con operate. I'm puttering along, but I'm driving at 40 km/h instead of 110. Caught the rebound in RGL. Also took MKG at the CR price.
