morning guys,good to see a bit of consolidation in the US...

morning guys,

good to see a bit of consolidation in the US overnight after yesterdays big run up.

probably the best trading theme today would be to watch volume on the REIT sector for further breakouts, as highlighted yesterday the fact both CER and MCW were both able to offload some properties at prices close to book value is extremely positive for the whole sector.

it might also pay to keep some cash on the sideline for tomorrow as a potential rebound trade in BSL might be possible if the shareprice get's smashed as a result of the capital raising announced yesterday.

finally volume and momentum clearly building in WCU, which is likely to become the next ASX listed uranium producer. The company has an investor presentation night tonight at 6pm which could further highlight the merrits of the company.