Yesterday, the ASX200 closed at a new record high for the first time in history, at a 1.1% gain. 

Overnight, all three US indices moved up modestly by 0.1%. 

This morning the Aussie share market is set to reach a brand new record high, with the futures suggesting the market will rise 0.2%. 

What to watch today: 

• In economic news, Retail Trade Data is out today for April.  
• Balance of Trade data set to be released 11:30am AEST. 
• The Oil price moved over its two- year high to US$68.77 a barrel. 
• The Iron Ore price rose 3%, trading at $207.50 a tonne. 
• The Gold price rose modestly to US$1,911.

Trading Ideas: 

• Worley (ASX:WOR) is a Citi BUY with a $12.60 price target, and Macquarie has a BUY on the stock, with a $12.00 price target. 
• Superloop (ASX:SLC), Charter Hall Group (ASX:CHC), and FYI Resources (ASX:FYI) are all giving off bullish charting signals, according to Trading Central