day trading 26/05 pre market

dow jones 21082 plus 70
S&P500 2415 plus 11
FTSE   7517 plus 3
DAX    12621 plus 21
OIL   48.82 minus 2.54
Gold    1255 plus 2.68
AUD 74.56
SPI futures   minus 2
Cyril said......"oh it's Cyril".........Cyril said.....i'm worried about Roger, every time we go to the beach, he tries to get the lifesaver to BLANK him


http://www.marketwatch.com/story/us...ins-in-a-row-but-opec-lies-in-wait-2017-05-25

The S&P 500 and Nasdaq Composite closed at fresh records on Thursday, as U.S. stocks advanced for a sixth straight session, thanks in part to big gains in shares of Best Buy after quarterly results.
The S&P 500 index SPX, +0.44% rose 10.68 points, or 0.4%, to finish at 2,415.07, after setting an intraday record of 2,418.71. Nine of the 11 main sectors were higher, led by gains in consumer-discretionary shares. Energy stocks, however, were off 1.8%.
The S&P 500’s win streak marks the 11th time the large-cap index has risen for six sessions in a row in the past five years. In the 10 previous incidences, stocks were higher two weeks later 80% of the time, with an average gain of 57 basis points, according to Frank Cappelleri, executive director at Instinet LLC.
The Nasdaq Composite Index COMP, +0.69% added 42.23, or 0.7%, to end at 6,205.26. It also set an intraday record at 6,217.34.
The Dow Jones Industrial Average DJIA, +0.34% climbed 70.53 points, or 0.3%, to close at 21,082.95, putting it within roughly 30 points of its record of 21,115.55 on March 1.
“Stocks are up, certainly helped by yesterday’s release of the [Federal Open Market Committee] meeting minutes which suggested there will be a very gradual and thoughtful balance sheet normalization process,” said Kristina Hooper, global market strategist at Invesco.
The FOMC minutes indicated that members were in agreement on a slow and deliberate approach to unwinding the massive balance sheet built up as part of the Federal Reserve’s quantitative-easing program.
The gains were also underpinned by robust earnings, according to Steve Chiavarone, portfolio manager at Federated Global Allocation Fund.
“A 15% earnings growth in the first quarter was all achieved without any fiscal stimulus, so investors can afford to be patient even as tax cuts and deregulation reforms are being delayed,” Chiavarone said.
Investors appeared to shrug off a drop in crude-oil prices. On Thursday, crude prices CLN7, -4.95% sank more than 4% after Saudi Arabia’s oil minister Khalid al-Falih ruled out deeper cuts to production in any extension to an OPEC output agreement. But the Organization of the Petroleum Exporting Countries did agree to a nine-month extension to the current deal at Thursday’s meeting in Vienna, as expected.


Economic news: Initial jobless claims rose by 1,000 to 234,000 in the seven days stretching from May 14 to May 20, largely in line with expectations.
Advanced U.S. trade deficit in goods widened by 3.8% in April to $67.6 billion.

St. Louis Fed President James Bullard is slated to give a talk in Japan about the American economy after the U.S. market’s close—at 11 p.m. Eastern.
Other markets: European stocksSXXP, -0.06% were mostly lower, while Asian markets closed with gains. Gold futures GCM7, +0.18% edged higher and a key dollar indexDXY, +0.12% was flat. Meanwhile, the yield on the 10-year Treasury note TMUBMUSD10Y, +0.19% was at 2.25%.

what we can expect

SPI futures point to a flat opening, currently down minus 2, but a big drop in oil will hurt the oilers, help Qantas,

have a good day

p.s.

a song for @zipperlip

Doe, a deer, a female deer,
Ray, a drop of falling sun
Me, a name i call myself
FAR, a long long way to run

well, you did say that you wanted FAR mentioned on the DT thread, i figured this was the only way it was going to happen