17/10/23. Tuesday Morning Finspiration Report.

 U.S. stock market benchmarks were positive last night.  Gold down, Energy flat.

Dow Jones +0.93%.  SP500 +1.06%.  Nasdaq +1.2%.  Small Caps +1.78%.  Banks +1.52%.

Dow Jones now in a new up-trend (higher high, and higher low).  Others remain in consolidation phase.

The American market is once again in reporting season when movements in the major indices become quite unpredictable.

SP500

SP500 is knocking on horizontal resistance with the 50-Day MA just above that. A break above the 50-Day would be bullish.

Commodities.

 Commodities Index -0.22%.  Energy -0.17%.  Base Metals -0.22%.  Agriculture +0.09%.  Gold -0.49%.

 After an hour of trading this morning, the ASX is very strong.  XJO +1%.  Ten of 11 sectors are positive.  IT is leading the way up >2%.  Yesterday it was the weakest sector.  IT, long term, is the best performing sector but short-term it is very volatile.  That's great for traders - but ulcer producing for you are a nervous long-term investor who watches the day-to-day gyrations..