Half-time round-up: Australian stocks look to be heading towards a positive finish to a second week of range-bound trading.
At lunchtime the ASX 200 was up 47 points or 1.3% at 3803 with the big banks and miners making gains. Asian markets were less enthusiastic about the overnight lead from the US, with the Nikkei up 0.06% in morning trade and the Hang Seng ahead 0.4%.
Dow futures were recently at -8. Gold rallied from this morning's dip, recently trading at $962.40.
Been a bittersweet morning at this trading desk. A good profit in NXS blown on a second purchase well above current levels. Skinny profits on went-nowhere trades in KZL, FGL and HSP and a loss taken on OEX after a long wait in various sell queues. (I had the uncanny knack of reaching the front of the queue just as the buying dropped to the next level - slowly turned into my worst loss in two months).
