Day Trading 12 May Pre Market

Morning all
Thanks Shants and Rav

Futures point south after the S&P and Nasdaq each lost 1%.
The SPI is

The Dow had its' biggest fall since February on weakness in consumer discretionary stocks after Disney missed its earnings targets. Macy's dropped 15% and slashed forecasts, Home Depot dropped an alarming 40%.
The S&P 500's decline undid gains from a rally the day before driven by Amazon.com (AMZN.O), the online seller that has caused so much trouble for Macy's and other traditional stores in recent years.
The past two sessions' gyrations may be indicative of what is in store for the next several days as the quarterly earnings season winds down and traders focus on macroeconomic data, said Eric Wiegand, senior portfolio manager at U.S. Bank's Private Client Reserve.
"We could see decent moves in either direction but not necessarily confirming a long-term trend." 1

Oil was solidly higher, up $1.33 at $45.99 after the US sais inventories were unexpectedly lower in March

Nickel was 2% firmer, zinc 3% higher, copper .75%

Gold prices ended the U.S. day session higher Wednesday on a corrective bounce from selling pressure seen earlier this week. Bullish outside markets that included a lower U.S. dollar index and higher crude oil prices on this day were also a positive for the precious metals markets. Gold futures was last at $1276.  2
HUI + 2.3%
AUD Gold $1731

AUD .7378

Have a good day