daytrade diaries... december 11 part 2

Half-time round-up:

Shares were ahead at lunchtime for the first session this week ahead of the 1pm release of monthly Chinese economic data.

At lunchtime the ASX 200 was up 25 points or 0.56% at 4632 after a broad but modest rally. The beaten-up mining and gold sectors advanced 0.5% and 0.7%, respectively, while financials were up 0.6%.

Asian markets mostly followed Wall Street higher. Japan's Nikkei put on 0.68% and Hong Kong's Hang Seng 0.45% but Shanghai was down 0.06%. Dow futures were at +6.

The spot gold price continued to edge higher, up another $1.10 this morning to $1,132.70 an ounce. Crude oil futures gained 17 cents at $70.65 a barrel.


A quiet morning here after two intense trading days. Took profits on KRL from earlier this week - may well run higher but the buy:sell ratio is less attractive above this level. Added AWC because the support here seems solid - unless the Chinese data alters that.