$AU off 0.5% today seems to explain the fall from early trade....

$AU off 0.5% today seems to explain the fall from early trade. Assume that was due to trade data rather than the likely Fed appointment. Nab's 6k job cuts and heavy tech investment not well received - That's a lot of jobs!! TLS down again but didn't think that was new news.

Tesla was a very disappointing result, not that its US$50b market cap will have too much weight on the S&P. Facebook was surprisingly a little disappointing but only <1% far off in pre market trade (on a market cap of US$530b). Apple will report shortly after we wake up tomorrow. Wall Street is just so strong, it will take a strong of bad news for any serious falll.

I don't follow the all ordinaries but worth noting the key 6000 level over the last couple of days which sits around 5930 on the ASX200. Closed above again today which is bullish. ASX200 made another higher high today (2017 high in fact) which is bullish. Volume dropped off from a big day yesterday. A poor close 30 points off the high is less than bullish, uncertain.

US tax reform details later this week could be a catalyst. Could go either way.