Day Trading October 4 Afternoon

Thanks Oscar and morning crew

Hi regulars

Shares fall in early trade, led down by the big banks after Wall Street dropped overnight on Fed rate rise worries, but the main local focus is on Philip Lowe's first rates decision as RBA chief

	Column 1	Column 2	Column 3
0	All Ordinaries	5,554.000	-10.800
1	ASX SPI 200	5,450.000	-14.000

Building aprovals fell 1.8 per cent in August, which was better than market expectations of a 6.0 per cent fall. Over the 12 months to August, building approvals were up a robust 10.1 per cent.

And the number of jobs ads has edged back, falling 0.3 per cent in September

The Australian dollar ignored the data and is trading at 76.81 US cents, slightly below an early day's high of 76.91 US cents

DOW Futures : +19

Trading

Very quite morning session for me. Sold VRI from yesterday and that's it for me so far. PNX should be good short term hold especially with Tony Locantro's effect. ZMI gonna go through that 1.7 wall this arvo imo

Have a great afternoon everyone