Morning Traders, lets just get stuck into it as they say, leads...

Morning Traders,
lets just get stuck into it as they say, leads are all over the place but the main lead as we discussed last week is that the spec end will likely get stronger into years end as money is rotated out of fully priced large and mid caps which seem to be very generally fully priced. Grid lock in our parliament as witnessed late last week will not be giving anyone any confidence that this is a "can do" government which will be good for business. The effect of a Liberal business friendly government has been muted in terms of decision making, with labour securing passage towards a banking royal commission, the first loss by a majority government in the lower house in more than 50 years.

Strange times indeed but friendly for us as traders in the spec end and that's what we are about. So, until we have a disruption on a macro scale, it's business as usual.

All the best today.