daytrading feb 26 morning

Good morning traders. Thanks Highlandlad . Thanks Gizard , excellent post.

Aurizon’s Hunter Valley rail drivers are striking over unfair working hours and conditions for 48 hours. Aurizon usually carries c.25% of the region’s coal into Newcastle, however BHPB has already hired competitor, Pacific National, to assist while the strike action is underway. Aurizon is also threatening workers with “lock-outs” once they return on Thursday.

Unions ain’t gunna like that, I see a bun fight starting.

Gold traditionally has had a negative correlation with long-term US real interest rates; a lower bond yield would imply a higher gold price.

Overnight bond yields down and gold price up , obviously following the script .

The GDX index decided to go its own way …….. down 1.39 %

Biotech sector continued on its merry way …… “to infinity and beyond” Buzz lightyear

Good luck and dyor.