daytrades july 7 morning ...

  1. 25,108 Posts.
    Good Morning Traders, (and pj, thanks for the handover in hll's absence),

    Snapshot: "A Look At The Week Ahead" - by cnnmoney.com)

    "The Dow ended higher Tuesday, finishing a volatile session with gains and breaking its seven-session losing streak as investors scooped up certain shares hit in the recent bloodletting. Stocks rallied through the early afternoon, slipped in the mid-afternoon, and seesawed erratically in the last hour of trading. Selling in retail, transportation and select technology stocks was countered by strength in financial and energy shares. "I didn't see anything driving the rally this morning other than it's a Tuesday after a holiday, so I wasn't surprised to see it fizzle," said Joseph Saluzzi, co-head of equity trading at Themis Trading. "This is how the market is going to be for a while, particularly this week when some people are on vacation and there isn't a lot of economic news," he said. "The good thing is we could end up higher in the next few days because it's so volatile.""[Source: cnnmoney.com]

    The DJIA Index finished the trading session: Up 57.14 pts; and
    The SPI Futures are currently: Up 11 pts atm.

    Of Note in the US this evening:

  2. There are no market moving indicators on the 'Economic news' front in the US this evening;

    ... and ...

    Of Note in Australia today:

  3. Please note there is no 'Economic news' due to be reported in Australia today.

    [Sources used: nasdaq.com and fxstreet.com]
    __________________________________________________

    Gold is trading Up $0.10 atm and is currently sitting at $1,194.20/oz [Source: Kitco];
    Oil is currently trading Down $0.02 atm and is currently at $71.45/barrel [Source: Bloomberg]; and
    The Dollar: The AUD/USD is currently trading at 0.8529 cents [Source: Forex. Live].

    Have a great day trading today all!

    Cheers, Tweets (:

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