Day traders' weekend lounge August 29 - 31

Thanks afternoon crew. That's earnings season done and dusted. Next month may be a little harder going as the dividends flooding out of the market create a downdraft for the XJO. Recent Septembers have tended to be weak, although last year notably bucked the trend. (And when the spec market is this hot, it tends to stay that way until the top end falls so hard it has no choice but to take note.) Have a good weekend, all.

End-of-day summary:
The Australian share market sealed a fifth straight monthly advance despite a minor setback this session as the full-year earnings season wound up.
The ASX 200 eased seven points or 0.08% on Friday to trim its tally for August to 230 points or 2.63%. The Australian stock benchmark broke into record territory in the first week of the month and built on those gains despite a volatile earnings season that included nasty losses for investors in CSL, Woolworths and James Hardie.
Mesoblast and Pexa were the latest to suffer near double-digit falls on the last big day of the season. The day also brought double-digit upside for Nextdc, Austal and Harvey Norman.
Wall Street closed at a record overnight as investors exhibited few concerns that tonight's consumer inflation data will be "hot" enough to dissuade the Federal Reserve from lowering rates next month. The S&P 500 climbed 0.32%.


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