Day Trading 17 Oct Pre Market

Morning all
Thanks weekend crew another week awaits


SPI: -9 @ 5406
XJO Friday:  -1 @ 5434

Stocks closed mostly higher on Friday as investors digested commentary from key Federal Reserve officials while parsing through strong bank earnings and U.S. economic data.

The Dow Jones industrial average rose more than 150 points before closing about 40 points higher, with Goldman Sachs contributing the most gains.
The S&P 500 ended just above breakeven, with information technology and financials leading advancers.
The Nasdaq composite barely closed above the flatline, as the iShares Nasdaq Biotechnology ETF (IBB) fell more than 1.8 percent.
Traders had expected further buying ahead of the close, which didn't materialised.



Bank stocks rose on the back of the three earnings reports, with the S&P Bank ETF advancing 0.48 percent, snapping a three-day slide.
Nick Raich, CEO of The Earnings Scout, said earnings season has gotten off to a good start. Of the 34 S&P 500 companies that had reported as of Friday morning, 79 percent had beaten Wall Street estimates for earnings per share.
"It's going in the right direction; we're not decelerating in terms of growth," he said. "That's the good news. The bad news is the market is pricing that in and it might be pricing in higher growth."
More than 80 S&P components are scheduled to report next week, including Bank of America, streaming giant Netflix,BlackRock,Goldman Sachs and United Continental. 1

Copper: -.9%
Nickel:+ .5%
Zinc: + .65%
Aluminium: - 1.1%

Gold: $1250
HUI: - 2.2%
AUD Gold: $1640

AUD: .7623

On Today:


Have a good day

Sources:
CNBC