daytrades september 20 morning ...

  1. 25,108 Posts.
    Good morning Traders (thanks Highlandlad),

    DOW Snapshot from previous trading session

    "Stocks closed modestly higher Friday on better-than-expected earnings from Oracle and Research in Motion, but a disappointing consumer sentiment report put a cap on gains. Upbeat tech earnings helped stocks pop at the open Friday, but an unexpectedly downbeat consumer sentiment report sent indexes in and out of negative territory. The banking and energy sectors ended mostly lower, while technology, retail and housing shares closed mixed.

    Investors have been somewhat encouraged by recent signs of economic improvement. But with consumer sentiment still in the dumps and a murky outlook for job growth, stocks have been drifting without much conviction. "We're continuing to see strong earnings, but that's not going to get us much higher with negative news on economic front," said J. Bryant Evans, portfolio manager at at Cozad Asset Management.

    Friday may also have been volatile due to traders adjusting their portfolios during so-called "quadruple witching."" [Source: cnnmoney.com]

  2. ... and, here's 'The Buzz' ... Say G'Day to the Mighty (Australian) Dollar!

    The DJIA Index finished the trading session Up 13.02 pts; and
    The SPI Futures are currently: Down 22 pts atm.

    Of Note in the US this evening:

  3. Housing Market Index [Merits extra attention]

    ... AND ...

    Of note in Australia today:

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

    Gold is currently trading Up $0.65 & is sitting at US$1,276.25/oz atm (Live) [goldprice.org];
    Oil is currently trading Down $0.10 & is at $73.56/barrel [Bloomberg]; and
    The Dollar: The AUD/USD is currently trading @ 0.9368 cents [Forex. Live]

    Have a great day trading today all!

    Cheers, Tweets (:

    Please click here to go to the 'Pre-Market thread'
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