daytrades june 23 morning ...

Good Morning Traders (thanks for the handover highlandlad),

Dow Snapshot

"Stocks slipped Tuesday, giving up earlier gains in a very choppy session amid a worse-than-expected existing home sales report and the latest on the European debt crisis. Trading was volatile throughout Tuesday's session, with an early advance petering out after the release of the housing market report. But the tone turned decidedly negative in the last hour. Oil company shares tumbled in the afternoon amid the continued fallout from the BP oil spill. A judge ruled to lift the six-month ban on deep water drilling instigated in the wake of the spill, but the Obama administration has vowed to appeal the lifting of the ban."[Source: cnnmoney.com]

The DJIA Index finished the session: Down 148.89 pts; and
The SPI Futures are currently: Down 45 pts atm.

Of Note in Australia today:

There is no noteworthy 'Economic news' due to be released in Australia today.

Of Note in the US tonight:

Fed Interest Rate Decision [Market moving Indicator]

FOMC Minutes [Market moving Indicator]

New Home Sales [Merits extra attention]

EIA Petroleum Status Report [Merits extra attention]

Gold Futures: Gold is Up $2.30 atm and is currently sitting at $1,240.90/oz (Kitco);
Oil Futures: Oil is Down $0.33 at $77.52/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.8707 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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