daytrades september 27 morning ...

Good Morning Traders (thanks Highlandlad),

DOW Snapshot from previous trading session

"U.S. stocks rallied right out of the gate and didn't look back Friday afternoon as investors grabbed onto a slightly stronger report on durable goods orders, and as gold touched a record high above $1,300 an ounce. All three major indexes closed at their highest levels in four months and finished with gains for the fourth straight week, their longest winning streaks since April.

"The better-than-expected report on orders for durable goods, particularly the nice rebound in goods excluding transportation, further confirms that a double-dip recession is not likely any time in the immediate future," said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research. He added that healthy earnings from Nike and KB Home (KBH) reassured investors and helped boost enthusiasm.

Stocks climbed early in the week as the S&P 500 index crossed key technical levels, but fell into a slump in recent trading sessions." [Source: cnnmoney.com]

The DJIA Index finished the trading session Up 197.84 pts; and
The SPI Futures are currently: Up 57 pts atm.

Of Note in the US this evening:

Please note that there is no market moving 'Economic news' due to be released in the US this evening.

... AND ...

Of note in Australia today:

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

Gold is currently trading Down $0.60 & is sitting at US$1,296.40/oz atm (Live) [goldprice.org];
Oil is currently trading Up $0.25 & is at $76.74/barrel [Bloomberg]; and
The Dollar: The AUD/USD is currently trading @ 0.9598 cents [Forex. Live]

Have a great day trading today all!

Cheers, Tweets (:

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