cynic
- 20 Oct 2007 12:12
rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.
for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ
for ease of reading, i have attached 1 year and 3 month charts in each instance
Shortie
- 08 Mar 2013 09:40
- 11229 of 21973
UK Jan Construction Output -6.3%MM, -7.9%YY
skinny
- 08 Mar 2013 11:00
- 11230 of 21973
German Industrial Production m/m 0.0% consensus 0.6% previous 0.3%
skinny
- 08 Mar 2013 13:17
- 11231 of 21973
CAD Housing Starts 181K consensus 173K previous 159K
cynic
- 08 Mar 2013 13:31
- 11232 of 21973
wake up!!
what's the jobless report like .... clearly not too shabby by reaction on cash dow
skinny
- 08 Mar 2013 13:33
- 11233 of 21973
CAD Employment Change 50.7K consensus 7.8K previous -21.9K
CAD Unemployment Rate 7.0% consensus 7.1% previous 7.0%
CAD Labor Productivity q/q 0.1% consensus -0.1% previous -0.5%
USD Non-Farm Employment Change 2360K consensus 162K previous 157K
USD Unemployment Rate 7.7% consensus 7.9% previous 7.9%
USD Average Hourly Earnings m/m 0.2% consensus 0.2% previous 0.2%
Shortie
- 08 Mar 2013 13:36
- 11234 of 21973
WASHINGTON--U.S. job growth jumped ahead in February, a sign of a steadily improving labor market and stronger economic gains. Employers added 236,000 jobs last month, the Labor Department said Friday. The unemployment rate, obtained by a separate survey of U.S. households, fell two-tenths of a percentage point to 7.7%, the lowest level since the end of 2008. Economists surveyed by Dow Jones Newswires had forecast that nonfarm payrolls would rise by 160,000 and the unemployment rate would fall to 7.8% February's numbers point to an upturn for the labor market. For all of last year, the economy added an average of about 183,000 jobs a month. Over the past four months, that pace has picked up a little to an average of 205,000 a month. That's helped bring down the unemployment rate, though about 12 million Americans who wanted a job couldn't find one last month. The latest snapshot of the labor market comes against a backdrop of an improving housing market, big gains for the stock market, rising consumer confidence and other signs of momentum for the economy. Still, higher payroll taxes and government cutbacks have weighed on growth. That has led many economists to expect only moderate gains this year. Forecasting firm Macroeconomic Advisers, for example, predicted the economy will expand only 2.1% this year--little changed from the 2.2% rate in 2012. And the unemployment rate is expected to remain well above the 6.5% threshold the Federal Reserve is targeting before allowing interest rates to rise. The Fed's policy-making committee is determined "to keep monetary policy highly accommodative until well into the recovery," Vice Chairwoman Janet Yellen said earlier this week. The Fed's next policy meeting is March 19-20. Friday's report showed that private companies added 246,000 jobs during February, accounting for all of the month's gains. Employment increased in professional and business services such as accounting, construction, health care and retail. Manufacturers added 14,000 jobs. Governments, meanwhile, shed 10,000 positions. The federal workforce was unchanged but state and local governments made big cuts, particularly to education. Despite government cutbacks, TD Securities said the "encouraging tone of the data seen during the past few weeks" shows "that the U.S. recovery is successfully navigating against the headwinds from fiscal austerity." Average earnings rose by 4 cents to $23.82 an hour, while the average workweek inched ahead by 0.1 hour to 34.5 hours. A broader measure of unemployment--which includes job seekers as well as those stuck in part-time jobs--fell to 14.3% in February from 14.4% the prior month. The Labor Department's employment report can be accessed at: http://www.bls.gov/news.release/empsit.toc.htm
skinny
- 08 Mar 2013 13:38
- 11235 of 21973
Any chance of one of your charts Shortie?
Shortie
- 08 Mar 2013 13:43
- 11236 of 21973
what would you like? FTSE or DOW
skinny
- 08 Mar 2013 13:44
- 11237 of 21973
You choose :-)
Shortie
- 08 Mar 2013 13:46
- 11238 of 21973
1HR FTSE then as I'm working off it..
skinny
- 08 Mar 2013 13:48
- 11239 of 21973
I have a limit in @6,488 - but may move it.
Shortie
- 08 Mar 2013 13:50
- 11240 of 21973
Just added a FTSE short...
Shortie
- 08 Mar 2013 13:52
- 11241 of 21973
Daily FTSE
Shortie
- 08 Mar 2013 13:54
- 11242 of 21973
30min Wall St
skinny
- 08 Mar 2013 13:56
- 11243 of 21973
That "head above the parapet" on the DOW is asking for a sniper.
Shortie
- 08 Mar 2013 13:59
- 11244 of 21973
It does, not ready to breakout just yet. Market had pretty much already priced in those payroll numbers..
Shortie
- 08 Mar 2013 14:00
- 11245 of 21973
FTSE should head back to 6465 I think
Shortie
- 08 Mar 2013 14:01
- 11246 of 21973
FTSE 10 min
Shortie
- 08 Mar 2013 14:13
- 11247 of 21973
MARKET TALK: Time to Buy Treasurys, Sell Stocks?
9:08 EST - Today's bond selloff has eased a bit as prices bounce off session lows, and Jeremy Hill at hedge fund TF Market Advisors says time to buy bonds on the dip. He argues stock futures' rally on the jobs report isn't that strong, and that there is every indication that equities are being driven by QE. "The slightest fear that QE might be removed limits their upside. I do not like stocks here and actually think we can close down on the day. That seems insane when we finally get a headline job number that is good, but this market is far from normal."
Shortie
- 08 Mar 2013 14:27
- 11248 of 21973
FX CHAT: Fiscal tightening keeping payrolls cheer in check
Running theme across notes from economists in reaction to the payroll report: A solid reading that may not continue as payroll taxes and government spending cuts work into the economy. "The labor market was in decent shape before the sequester began and before the impact of the Jan. 1 payroll tax hike started to work through, but that does not mean these two factors--a tightening worth about 1.5% of GDP--will not reduce payroll growth in the months ahead," says Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors. Fiscal tightening is also a hurdle the Fed will want to see the economy pass before dialing down its bond-buying stimulus.