Energy

A subdued outlook is in place for iron ore, steel, coking coal and oil. In contrast, gold looks a little brighter.

The Chartist suggests West Texas crude needs to hold support to establish a bounce-back, otherwise downside is severe.

The Veterans’ Day bank/bond market holiday in the US left all markets thin, and in some cases volatile, last night. Dow flat. (Accessible only for subscribers before 10:15 AEST)

US stocks held their ground last night but currencies, bonds, oil and gold all reversed their initial Friday night responses to the US jobs report. Dow up 39. (Accessible only for subscribers before 10:15 AEST)

Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in BHP Billiton.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Lower oil price a positive for Oz households; building stocks can still outperform; lower AUD is more probable than lower cash rate; and policy intervention likely in wagering.

For the 37th time in 2014, the Dow hit a new all-time high last night in rising 69 points. (Accessible only for subscribers before 10:15 AEST)

Drillsearch has the valuable east coast gas market in its sights and brokers are quietly confident the company is well placed to deliver.

Downward price pressure continues for oil; Cooper Basin expectations reduced; M&A appetite prevails among miners; macro economic trends preoccupy LME conference participants.