The ASX 200 crashed through 4700 this morning and forged ahead to a new 12-month high.
At lunchtime the ASX 200 was up 95 points or 2.04% at 4746 as a broad rally carried all sectors higher. The largest gains came in IT, +3.5%, property trusts +3.5%, consumer staples, +2.5%, and industrials, +2.5%.
Asian markets were higher. The Nikkei rose 1.17%, Hong Kong added 1.5% and Shanghai was up 1.52%. Dow futures were positive at +9.
Been a distracted morning here (son's first day in daycare), so I missed the 10 am gun. Just one trade so far: caught OMH on the bounce. It's good to see plenty here taking advantage of these extraordinarily supportive conditions.
Potential overnight holds: BBG if it holds the breakout. MAP looks enticing. HFA may be "doing a PBG" - similar pattern development.
