Afternoon trading November 30

Thanks @shovel40, @Fiji1, @Patterns and morning crew.

Half-time wrap:

Aussie stocks struggled for traction as a positive month for local investors drifted towards a downbeat conclusion.

The ASX 200 reached mid-session three points or 0.05% in the red following two days of gains. Modest advances in industrials, tech stocks and consumer staples were offset by declines across the rest of the market. REITs and utilities were the biggest drags.

The Australian benchmark remained on track to break a three-month losing run with its best monthly return since January. The ASX 200 has bounced more than 250 points or roughly 3.7% during November.

Today's sideways action mirrored overnight events on Wall Street, where the major indices closed mixed but little changed. The S&P 500 eased almost 0.1% after the Federal Reserve warned the economy was slowing in many parts of the country.


Personal trading: Didn't see a lot of opportunity this morning. A few half-chances, but none of the screaming intraday opportunities this trader looks for.