RIO profit miss will weigh us down tomorrow. 2.5% off in London...

RIO profit miss will weigh us down tomorrow. 2.5% off in London trading.

As an aside - Apple's result and share price reaction (so far) has been extraordinary. All factored into todays price action of course and provided little catalyst. Why? We don't have any outstanding tech/consumer large cap companies on the ASX. Amazing how the world's biggest listed company's market cap can rise 50% in twelve months.

Our confession season may have been quiet but the market finished lower in July which is usually strong. Not a good sign in my opinion. This long awaited break out (up or down) won't be long now and RIO is not a good start for the bulls. CBA will be key - only a week to go for that one. Still looks a little like 2015 to me.