Day Trading 7 Oct Pre Market

Morning all
Thanks AM crew
SPI: + 14 @ 5481
XJO Yesterday: +30 @ 5483


Local shares point modestly forward today despite a flat lead from Wall St as punters await tonights Non Farm Payroll number.
Oil continued its march closing back over $50.
"We expect jobs growth to continue in health care, tech and finance," said Andrew Chamberlain, chief economist at Glassdoor, adding he expects the U.S. economy to have added 176,000 jobs last month."
Earnings season kicks off next week with Alcoa checking in on Thursday our time.
Shares of Twitter plummeted 20% as takeover talk waned and any premiums evaporated.1

The Dow Jones industrial average fell 12.53 points, or 0.07 percent, to close at 18,268.50, with American Express leading decliners and Home Depot the top advancer.
The S&P 500 rose 1.04 points, or 0.05 percent, to end at 2,160.77, with materials leading seven sectors higher and health care the top decliner.
The Nasdaq fell 9.17 points, or 0.17 percent, to close at 5,306.85.

Oil rose more than 1 percent to four-month highs on Thursday, spurred by another informal OPEC meeting on output cuts and plunging U.S. crude inventories, with some saying the market has overshot itself with a near 15-percent gain in seven sessions.
Oil has gained more than $6 a barrel since OPEC announced that it hopes to reduce output to 32.5 million-33 million barrels per day. That would remove about 700,000 bpd from a global glut estimated by analysts at 1.0 million-1.5 million bpd.
Prices were also supported by the surprise drop in U.S. crude stocks for a fifth week in a row, bringing the total drawdown since the beginning of September to 26 million barrels, according to government data on Wednesday.
Brent crude settled up 65 cents, or 1.3 percent, at $52.51 a barrel.
U.S. West Texas Intermediate crude closed up 61 cents, or 1.2 percent, at $50.44. It was WTI's first settlement above $50 since June 24.   2

Copper: -.85%
Nickel: +1.75%
Zinc: - .9%

Gold and silver futures prices ended the U.S. day session solidly lower Thursday, with both markets hitting four-month lows. A rallying U.S. dollar index and upbeat U.S. economic data this week continue to produce selling in the precious metals markets. 3
Gold: $1254 -1%
HUI: -3%
AUD Gold: $1653

AUD: .7587

On Today:



Have a good day

Sources:
1 CNBC
2 Reuters
3 *****