Day Trading 28 Mar Pre Market

Morning All
thanks AM crew

SPI -4 @ 5905

Buying in the big banks helped the ASX overcome early wobbles to post modest gains, as investors wade through a number of company updates.
The benchmark S&P/ASX 200 overcame some early wobbles to edge higher over the course of the trading session, finishing up 9 points, or 0.2 per cent, to 5924.
1

U.S. stocks closed higher Thursday ahead of major tech company earnings.
The Dow Jones industrial average and the S&P 500 struggled to hold opening gains, while the tech-heavy Nasdaq composite closed at a record high.
Comcast, PayPal and Amazon.com were among the greatest contributors to gains in the Nasdaq.
"I just think we're a little extended after the two-day move [earlier this week]," said Peter Coleman, head trader at Convergex. "Everybody's anticipating the tax plan. Although they gave some detail it wasn't very specific."
2

U.S. crude oil futures for June delivery hit their lowest since March 29and settled at $48.97 a barrel, tumbling 1.3 percent.
While the summer driving season has historically helped drive oil prices higher, domestic inventory levels "remain elevated by historical standards," Lindsey Bell, investment strategist at CFRA, said in a Thursday note to clients.
3

Gold prices were ending the U.S. day session firmer on a corrective rebound from this week’s selling pressure that pushed prices to a two-week low on Wednesday. Some short covering by the shorter-term futures traders was featured, as well as some perceived bargain-basement buying in both futures and the cash market. The generally upbeat trader and investor attitudes this week have been a significantly bearish element for the safe-haven metal. The silver market has fared worse that gold recently as prices fell to a five-week low Thursday and significant near-term technical damage has been inflicted. June Comex gold was last up $2.10 an ounce at $1,266.30. May Comex silver was last down $0.078 at $17.285 an ounce.
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Have a good day

1 SMH
2,3 CNBC
4 *****