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
- 02 Apr 2013 10:52
- 11728 of 21973
I debated going short on the FTSE Skinny, with the data out it should be a fair play but looking at the Euro this morning the markets have a mind of their own..
Breakout or a potential short here on EUR/GBP, resistance and support lines added. Maybe worth a punt.
skinny
- 02 Apr 2013 10:55
- 11729 of 21973
I must be honest, it was almost a 'flip of the coin' (technical term) decision.
Plenty of big guns outperforming the index this morning, so it might have some legs....
Shortie
- 02 Apr 2013 10:56
- 11730 of 21973
2 HR FTSE chart for you, range is looking narrow if tradable.
skinny
- 02 Apr 2013 10:59
- 11731 of 21973
Thanks Shortie - just debating whether to add to VOD, which is one of my bigger SIPP holdings atm.
Shortie
- 02 Apr 2013 11:11
- 11732 of 21973
Yeah I hold VOD also in a ISA, good news this morning regarding the tip off but I'm just gonna hold. An offer of around 40% premium to the current price sounds too good to be true, I'm holding a nice profit anyway so don't want to risk averaging up on the likelyhood this is all nothing but smoke.
skinny
- 02 Apr 2013 11:50
- 11733 of 21973
Vodafone M&A talk lifts FTSE
LONDON | Tue Apr 2, 2013 11:36am BST
(Reuters) - The FTSE 100 rose on Tuesday, with a surge in telecoms group Vodafone pushing the index back towards 5-year highs reached at the start of last month.
Traders added that technical indicators pointed towards the likelihood of more near-term gains for the stock market, which in March matched a record streak of 10 consecutive monthly gains.
The FTSE 100 index rose by 0.6 percent, or 36.35 points, to 6,448.09 points - moving back towards the 5-year peak of 6,533.99 points reached on March 12.
skinny
- 02 Apr 2013 15:00
- 11734 of 21973
USD Factory Orders m/m 3.0% 3.1% -2.0%
USD IBD/TIPP Economic Optimism 46.2 46.1 42.2
Toya
- 02 Apr 2013 15:39
- 11736 of 21973
Quite so Skinny - lol!
My Short FTSE is looking very red :(
Toya
- 02 Apr 2013 15:40
- 11737 of 21973
I was too late to ride the upward DOW earlier but am not sure I'm brave enough to short it either!
skinny
- 02 Apr 2013 15:54
- 11738 of 21973
Shortie
- 02 Apr 2013 16:10
- 11739 of 21973
1 Hour Wall Street below.. 14680 running short.
skinny
- 02 Apr 2013 16:24
- 11740 of 21973
cynic
- 02 Apr 2013 16:25
- 11741 of 21973
sooner or later there has to be a pretty serious correction, he said with buttocks clenched
Toya
- 02 Apr 2013 16:32
- 11742 of 21973
I went short at 14670 in the end - fingers crossed
skinny
- 02 Apr 2013 16:34
- 11743 of 21973
Cynic - a 100+ fall now/overnight would be handy and a bounce back here by opening.
Shortie
- 02 Apr 2013 16:42
- 11744 of 21973
Nordic equity markets end firmly higher, as risk appetite strengthens amid reports that lenders will ease the terms of Cyprus' bailout package. OMXN40 closes +1% at 1176.30, with Oslo's OBX +0.8% at 437.85. Defensive stocks such as Denmark's Coloplast and Novozymes outperform, gaining 4.5% and 3.5% respectively, while Swedish and Finnish cyclicals post declines; Assa Abloy ends 1.3% lower, Outokumpu down 3.5%. Wednesday's focus will be on the US ISM non-manufacturing survey [1400 GMT] and before that the ADP employment report [1230 GMT], ahead of Friday's nonfarm payrolls. (niclas.rolander@dowjones.com)
Shortie
- 02 Apr 2013 16:43
- 11745 of 21973
As-expected gains in February factory orders eased some worries about US growth, keeping Treasurys down for the day. Still, some traders are cautious about the "spring swoon" seen in each of the past two years--a fear that will keep Treasurys in demand. Short-term economic data got inflated, "setting the stage for a possible pullback in the spring," says Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott. Volumes this morning have been modest with cash trading at 84% of the 10-day moving-average, according to CRT Capital, and should stay this way ahead of Friday's nonfarm payrolls report. Ten-year notes off 6/32 to yield 1.861%.
hilary
- 02 Apr 2013 17:06
- 11746 of 21973
For anybody who likes a rumour punt, the story just starting to gain a little pace is that Infitialis (stock whistleblower) are putting together a fraud negative report on $LNKD
skinny
- 02 Apr 2013 17:11
- 11747 of 21973
Do you mean a fraud negative report on $LNKD or a fraud negative report about $LNKD.