RBA Minutes don’t disturb – a bit dead in the water today waiting for Poweell tonight and jobs numbers on Friday

Wall Street kicked off the second half of the year on a positive note, with equities mostly higher in light pre-holiday trading. The Dow gained 51 points (+0.13%). Up 320 points at best. Down 81 points at worst. Big Tech drove the bulk of the gains in the S&P 500 +0.27% and the NASDAQ +0.83%, with megacaps Tesla and Apple leading the way up 6.1% and 2.9%, respectively. Chip stocks came under some selling pressure, with AMD down 2.79% and Arm Holdings losing 2.93%, pulling the Philadelphia SE

Morning All – SPI Futures down 35 – We have a week of politics, Powell speaks, Independence Day, RBA and FOMC Minutes, US Jobs numbers, and today’s the day to think up what Post-It Notes you need on your trading screen for the year ahead 🤔

ASX 200 down 17 – Resources up a bit, Banks down a bit. Coal stocks flying as Anglo American underground mine shut in by fire for months. Election uncertainty this week. Holiday week in the US.

All of this weeks podcasts in one place.

Waiting for the US inflation number tonight – ETFs going ex-distribution – some strategists talking recession