Another day of small gains on the Australian market today. Seasonally, we often see a rally into Christmas and we continue to make headway, albeit slowly in the last week. The XJO has increased approximately 4.15% since 1st December, just eclipsing the DOW Jones at approx 4.1% since 30th November. Let’s hope Santa gets a move on in the over the next week! The major US indices are showing a slight divergence at present which could possibly indicate a little more consolidation in coming days. We will watch that over the next few sessions to see how that formation pans out. Normal trading patterns for our discretionary trades seem to have dried up a little, with a few on watchlists needing some more time to come to fruition.