daytrades march 22 morning ...

Good morning Traders (thanks for the handover highlandlad),

Snapshot

"The Dow, Nasdaq and S&P 500 are bumping up against the best levels in roughly a year-and-a-half, with little to interrupt the flow.But the lack of catalysts right now has left markets vulnerable to pullbacks, as seen last Friday. Key readings on housing, employment and durable goods orders are on this week's docket, along with earnings reports from Best Buy, Oracle and a handful of other companies. If investors can get through these reports with minimal surprises, the market will most likely keep drifting higher, at least until the first-quarter corporate reporting period starts getting underway next month." [Source: cnnmoney.com]

The DJIA Index finished the session: Down 37.19 pts; and
The SPI Futures are currently: Down 19 pts.

Of Note in Australia Today:

New Motor Vehicles Sales (MoM) (Feb) & (YoY) Feb
[The New Motor Vehicle Sales released by the Australian Bureau of Statistics measures motor vehicle sales in Australia. It is considered as an indicator for consumer confidence. It is worth noting that motor vehicle sales are a small component of the overall Australian economy. Generally speaking, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]; and

Of Note in the US Tonight:

There are no market moving indicators or any economic news that merits extra attention due out in the US this evening.

Gold Futures: Gold is Down $3.80 atm and is currently sitting at $1,104.10/oz (Kitco);
Oil Futures: Oil is Down $0.55 at $80.13/barrel (NYMEX/Bloomberg); and
The Dollar: The AUD/USD is currently trading at 0.9133 cents (Forex. Live).

Have a great day trading today all!

Cheers, Tweets (:

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