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Sectors to Watch: Green Everywhere
It's a bit of a goldilocks scenario isn't it?
US inflation was cooler-than-expected
Yields down, US dollar down and VIX down
Economic data remains resilient
The market is bouncing back from extreme oversold indicators and bearish positioning
CNN Fear & Greed Index is at Neutral (more fuel before things get contrarian bearish)
If you look at our above overnight ETF list – Pretty much everything is green with most sectors up 3-5%. And I think that's all that needs to be said today.
What was once an oversold bounce is now turning into a lockout rally (where things are moving in a V-shaped fashion, making it incredibly difficult to find entries).
Key Events
ASX corporate actions occurring today:
Trading ex-div: Plato Income Maximiser (PL8) – $0.006, Dicker Data (DDR) – $0.10
Dividends paid: Waypoint REIT (WPR) – $0.04, Autosports Group (ASG) – $0.10
Listing: None
Economic calendar (AEDT):
10:50 am: Japan Q3 GDP Growth
1:00 pm: China Industrial Production, Retail Sales and Fixed Asset Investment
1:00 pm: China Unemployment Rate
6:00 pm: UK Inflation Rate
12:30 am: US Producer Price Index
12:30 am: US Retail Sales

<blockquote data-quote="eskys" data-source="post: 1251768" data-attributes="member: 87320"><h2>Sectors to Watch: Green Everywhere</h2>It&#039;s a bit of a goldilocks scenario isn&#039;t it?<ul>
<li data-xf-list-type="ul">US inflation was cooler-than-expected</li>
<li data-xf-list-type="ul">Yields down, US dollar down and VIX down</li>
<li data-xf-list-type="ul">Economic data remains resilient</li>
<li data-xf-list-type="ul">The market is bouncing back from extreme oversold indicators and bearish positioning</li>
<li data-xf-list-type="ul">CNN Fear &amp; Greed Index is at Neutral (more fuel before things get contrarian bearish)</li>
</ul>If you look at our above overnight ETF list – Pretty much everything is green with most sectors up 3-5%. And I think that&#039;s all that needs to be said today.What was once an oversold bounce is now turning into a lockout rally (where things are moving in a V-shaped fashion, making it incredibly difficult to find entries).<h3>Key Events</h3>ASX corporate actions occurring today:<ul>
<li data-xf-list-type="ul">Trading ex-div: Plato Income Maximiser (PL8) – $0.006, Dicker Data (DDR) – $0.10</li>
<li data-xf-list-type="ul">Dividends paid: Waypoint REIT (WPR) – $0.04, Autosports Group (ASG) – $0.10 </li>
<li data-xf-list-type="ul">Listing: None</li>
</ul>Economic calendar (AEDT):<ul>
<li data-xf-list-type="ul">10:50 am: Japan Q3 GDP Growth</li>
<li data-xf-list-type="ul">1:00 pm: China Industrial Production, Retail Sales and Fixed Asset Investment</li>
<li data-xf-list-type="ul">1:00 pm: China Unemployment Rate</li>
<li data-xf-list-type="ul">6:00 pm: UK Inflation Rate</li>
<li data-xf-list-type="ul">12:30 am: US Producer Price Index </li>
<li data-xf-list-type="ul">12:30 am: US Retail Sales</li>
</ul></blockquote>

[QUOTE="eskys, post: 1251768, member: 87320"] [HEADING=1]Sectors to Watch: Green Everywhere[/HEADING] It's a bit of a goldilocks scenario isn't it? [LIST] [*]US inflation was cooler-than-expected [*]Yields down, US dollar down and VIX down [*]Economic data remains resilient [*]The market is bouncing back from extreme oversold indicators and bearish positioning [*]CNN Fear & Greed Index is at Neutral (more fuel before things get contrarian bearish) [/LIST] If you look at our above overnight ETF list – Pretty much everything is green with most sectors up 3-5%. And I think that's all that needs to be said today. What was once an oversold bounce is now turning into a lockout rally (where things are moving in a V-shaped fashion, making it incredibly difficult to find entries). [HEADING=2]Key Events[/HEADING] ASX corporate actions occurring today: [LIST] [*][B]Trading ex-div[/B]: Plato Income Maximiser (PL8) – $0.006, Dicker Data (DDR) – $0.10 [*][B]Dividends paid: [/B]Waypoint REIT (WPR) – $0.04, Autosports Group (ASG) – $0.10[B] [/B] [*][B]Listing[/B]: None [/LIST] Economic calendar (AEDT): [LIST] [*][B]10:50 am[/B]: Japan Q3 GDP Growth [*][B]1:00 pm[/B]: China Industrial Production, Retail Sales and Fixed Asset Investment [*][B]1:00 pm[/B]: China Unemployment Rate [*][B]6:00 pm[/B]: UK Inflation Rate [*][B]12:30 am[/B]: US Producer Price Index [*][B]12:30 am[/B]: US Retail Sales [/LIST] [/QUOTE]

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