daytrade diaries... july 3 part 2

Half-time round-up:

Australian stocks were dragged down by a global sell-off this morning but Asian markets have held up better than most.

At lunchtime, the ASX 200 was down 52 points or 1.34% at 3825, less than pre-market futures trading implied. Asian markets were also down but nothing like the heavy falls in Europe and north America. The Nikkei was off 1.03% and the Hang Seng was recently down 0.42%.

The pick of the local sectors were utilities and consumer staples, both flat for the morning, and telecoms, off -0.8%.

Dow futures were recently +13. Gold has meandered higher, up $2.70 this morning at $932.90.

Half the traders here may have the flu but the market doesn't look as sick as might have been expected. Pity there's little volatility once again - been the story of the week.

A reasonable morning here but should have been better. Made the day's wage with CVN at 65 - a no-brainer IMO because it has bounced every day this week. Small scalp on MMX off its lows. Bought QAN when it opened at support but all flights today seem to have been cancelled.

Missed opportunities: DOW, CTX and CGF all hit support and bounced hard while my attention was elsewhere. Hope someone caught them.