Afternoon trading October 7

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

Half-time wrap:

Aussie shares clawed most of last week's losses in thin holiday-affected trade after strong September job gains eased recession worries on Wall Street.

The ASX 200 overcame a first-hour wobble to advance 47 points or 0.58% by mid-session.

Positive leads from US financials helped ASX bank stocks rebound from multi-week lows. A 1.2% rally for the Nasdaq Composite swept the ASX tech sector up by the same percentage. Drags here included gold miners, utilities and REITs.

Positive US leads helped the ASX rebound from its first losing week in a month. The S&P 500 gained 0.9% after September employment gains smashed expectations, implying a soft landing for the US economy remained within reach.


Personal trading: Decent morning despite low expectations as state holidays undermine volumes.Took SUM back at obvious horizontal support. Also RR1 and BCB when the selling appeared overdone (terrible CR from the latter - commiserations to holders). Should have taken WAF.