Day traders' weekend lounge February 10 - 12

Thanks afternoon crew. A sobering week after a giddy start to the year. The market needed a cold shower and a stern talking-to after getting ahead of itself.

Today's market action: "ASX Close: Weekly win run ends as rates outlook dims"

In this report:

• ASX 200 drops 0.76%
• Going up: defensives, UMG, IMU
• Going down: coal, NWS, REA, GPT
• US futures ease 0.17%