morning all,
its a stinker in Melbourne today, top of 39 and about 32 degrees at 8.30. Trying to act accordingly, staying alert but not alarmed.
This market resembles a stinker as well, FAANG stocks and financials , having been overbid for years ,now getting the air let out of their tyres which is killing any momentum at the lower end.
Technicals are buggered, so FA is all we have. Need good news to advance, but buyers are too cynical to get involved.
Sentiment: Flat
Santa : Unemployed currently, seen acting strangely around the north pole.
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