Day Trading 9 Mar Pre Market

Morning All
Thanks AM crew

SPI +4 @ 5602


Yesterday the XJO was up 0.5 per cent to 5651
After a meek start to the day, investors gathered courage and there was strong buying support in the consumer discretionary sector, technology stocks and the banks.
"There's definitely an upbeat mood among investors as we see numerous positive earnings updates," said Gary Huxtable, client adviser at Atlantic Pacific Securities.
The big four banks enjoyed solid buying support.
A 3.5 per cent jump in iron ore futures during Wednesday's session boosted RIO and FMG but BHP slid on lower oil prices. 1

U.S. equities traded mixed Wednesday as financials led decliners, while oil rebounded following the release of key supply data.
The Dow Jones industrial average fell about 35 points, but finished well off the lows.
The S&P 500 dropped held just above breakInvestors also focused on oil prices, with crude futures for March delivery rising 0.33 percent to settle at $52.34 a barrel, with the Energy Information Administration reporting a 13.8 million barrels increase in oil inventories. 2

Copper + 1.7%
Nickel + 1.1%
Zinc + 1.96%
Aluminium + .7%

Gold and silver prices were ending the U.S. day session higher and hit nearly three-month highs Wednesday. Gold continues to see safe-haven demand coming from worries about the new U.S. president and from upcoming elections in Europe. Meantime, the near-term chart postures for gold and silver markets are turning more bullish, which is inspiring technically based buying interest for both metals. 3
Gold $1239
Hui + 1%
AUD Gold $1623

AUD .7634

Have a good day

1 SMH
2 CNBC
3 *****