daytrades july 14 morning ...

Good Morning Traders, (thanks for opening up the thread pj, as we await highlandlad's return)

DOW overnight Snapshot

"Stocks surged Tuesday as investors welcomed Alcoa's better-than-expected profit report and a well-received auction of Greek debt that lifted global markets and strengthened the euro. After the close, Intel reported higher quarterly sales and earnings that rose from a year ago and topped expectations. It was the company's best quarter ever, reflecting strong demand from business customers. " [Source: cnnmoney.com]

The DJIA Index finished the trading session: Up 146.75 pts; and
The SPI Futures are currently: Up 69 pts atm.

Of Note in the US this evening:

FOMC Minutes [High volatility expected];

Retail Sales [Market moving indicator];

EIA Petroleum Status Report [Merits extra attention] and

... and ...

Of Note in Australia today:

Westpac Consumer Confidence (Jul) [Moderate volatility expected]
[The Westpac Consumer Confidence released by the Faculty of Economics and Commerce Melbourne Institute captures the level of sentiment that individuals have in economic activity reflecting respondents' evaluations of their family finances over the past and coming year, expectations about the one-year and five-year economic conditions and views about current buying conditions for major household items. Generally speaking, a high reading is seen as positive (or bullish) for the AUD, whereas a low reading is seen as negative (or bearish).]

[Sources used: nasdaq.com and fxstreet.com]
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Gold is trading Up $0.10 atm and is currently sitting at $1,211.40/oz [Source: Kitco];
Oil is currently trading Up $0.10 atm and is currently at $77.25/barrel [Source: Bloomberg]; and
The Dollar: The AUD/USD is currently trading at 0.8830 cents [Source: Forex. Live].

Have a great day trading today all!

Cheers, Tweets (:

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