ASX 200 bounces 75 points to 7421 (1.0%) in a solid yet unexciting day. Third weekly decline still and down 77 points on the week. Banks led the charge up with CBA hitting record highs up 0.7%. The Big Bank Basket up to $193.89 (+1.0%). MQG rallied 1.5% with insurers up as QBE rallied 0.5% and SUN up 0.9%. REITS found friends, GMG up 1.7% and SGP up 1.2%. Healthcare had a good bounce CSL up 2.2% and RMD rallying 2.2%. Industrials firm too, REA up 1.5% and ALL up 3.2%. TLC up 6.0% as Powerball hits $150m next week. Tech rallied in line with Nasdaq gains, The All-Tech Index up 2.0% with WTC up 2.9% and XRO rallying 4.8%. ZIP had a good day up 11.4% on a broker upgrade. Retailers mixed, JBH down 1.2% with PMV up 1.3%. Resources a mixed bag, oil and gas better, WDS up 1.6% with coal stocks lifted by WHC production up 3.8%. BHP flat, RIO up 0.9% and FMG up 2.0%. Lithium stocks mixed, PLS up 0.3% with gold miners finding buyers, even EVN up 1.9% as bargain hunters stepped in. In corporate news, MSB jumped 13.2% on FDA approval. Iron ore futures are better on some pre-holiday restocking, and Dalian Futures are up 1.2%. Asian markets mixed, Japan up 1.1%, China down 0.3% and HK down 0.2%. 10-year yields heading higher still up 4.29%

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