ParagraphXJO was well down for most of the day, but a last hour...

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XJO was well down for most of the day, but a last hour buying splurge took the XJO marginally into positive territory +0.06%.

Such reversals always raise hopes that this is "the end" of the pull-back.  Fair enough.  But we need to see a solid positive day tomorrow to confirm.

Some sectors had very good results today. XDJ (Consumer Discretionary) +0.8%.  Energy +1%.  Info.Tech. +0.7%.  Those are all risk-on sectors.  Seeing confidence in those is a plus for the market.

Amongst the large-cap movers today were:  G8 Education 11.62%.  Appen +11.55%.  GEM has been under pressure for a long term until late October.  It seems that its positive report today (with +11.62% stock price boost) was well anticipated. 

This is the sort of action that makes people express concerns about insider trading.

Appen came out with a brief announcement advising of improved revenues.

Appen's move today wasn't preceded by such bullish action as seen in GEM, but a deal of market optimism is seen in the stock price prior to today's announcement.

Appen is one of a small group of Australian tech stocks which is attracting attention in our market.  Others are XRO, APT, ALU, WTC.

These are nothing like the FAANG stocks in America, but worth keeping an eye on.