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
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.
skinny
- 03 Apr 2013 06:09
- 11748 of 21973
Dow Jones and S&P climb to new highs
New York's Dow Jones and S&P 500 share indexes have set new all-time highs.
The rallies mean the stock markets are returning to levels not seen since before the global financial crisis.
The Dow rose 89 points, to close at 14,662, after an earlier intraday high of about 14,684, The previous record high of 14,285 was set in March.
And the broader S&P 500 closed at a record high of 1,570, suggesting investors are regaining confidence in the US economy.
Investors Grow Cautious as Bank of Japan Gets Set to Meet
TOKYO—Can the reality match the hype? Financial markets are already reflecting ideas that the much-anticipated meeting of the Bank of Japan's policy board this week, the first under leadership that has vowed aggressive action to end Japan's economic slump, won't meet expectations.
Japan's Great Monetary Experiment Begins — Here's What You Need To Know
This is it – the moment the Abenomics-watchers have been waiting for.
Wednesday night, the Bank of Japan will conclude its first monetary policy meeting with new BoJ Governor Haruhiko Kuroda at the helm.
So far, Japan's great "Abenomics" experiment – which seeks to employ bold policy tools to overcome more than a decade of deflation – has been mostly talk.
hilary
- 03 Apr 2013 09:21
- 11749 of 21973
ahoj
- 03 Apr 2013 09:35
- 11750 of 21973
These are over 6 months old.
DO you have more recent graphs to share?
hilary
- 03 Apr 2013 09:49
- 11751 of 21973
No, they're not over 6 months old!
The Central Bank of Ireland release that particular data a quarter in arrears, so anything relating to the quarter ending September 2012 wasn't released until January 2013. As it happens, December Q4 data was released in March and the underlying trend didn't change.
If you want an updated chart, you'll need to get your crayons out and colour it in yourself.
HARRYCAT
- 03 Apr 2013 09:52
- 11752 of 21973
LOL! You're lucky you didn't get red ink ahoj!
hilary
- 03 Apr 2013 09:54
- 11753 of 21973
Yes, he is lucky. I originally typed 'dyor and don't waste my time with stupid comments', but thought better of it.
Balerboy
- 03 Apr 2013 10:18
- 11754 of 21973
Think you had a strike through ahoj
Shortie
- 03 Apr 2013 11:53
- 11755 of 21973
hilary
- 03 Apr 2013 12:09
- 11756 of 21973
Shortie,
I think the banks are in a real Catch 22. If they foreclose, they'll just flood the market with distressed properties, forcing a market collapse (that's if it hasn't collapsed enough already), which will in turn hit their own valuations big time. The article those charts were sourced from effectively suggested that your common-all-garden-paddy might just as well let his mortgage arrears accrue because the banks were in no position to do anything about it.
The reason for posting the charts, however, was not just to highlight Ireland's own mega-woes which show no sign of disappearing any time soon, but they also show that all of Club Med is suffering a rising trend in loan delinquencies.
cynic
- 03 Apr 2013 12:16
- 11757 of 21973
meanwhile, my shorts (so to speak) are beginning to come good at last
cynic
- 03 Apr 2013 16:19
- 11758 of 21973
everything red except my two shorts have dragged my day into blue, so no complaints, though the ride has been a bit scary
skinny
- 03 Apr 2013 16:25
- 11759 of 21973
Similar here, still short FTSE with NG. being the best blue.