Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

FTSE + FTSE 250 - consider trading (FTSE)     

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

goldfinger - 07 Nov 2013 17:09 - 13407 of 21973

Shortie yep the Queen does tweet on twitter.

Your missing out a lot by not joining up. You get the finincial and stock market news that comes out 2 to 3 hours later on the financial sites and B/Boards.

A leg up on everyone else.

Your just better copying someones elses followers, in fact if you want... copy mine and you have an instant stock market community. About 780 followers at present on my personal account.

Couldnt do without it now, although at first found it strange trying to just do 140or so characters, although you can add on add ons.

cynic - 07 Nov 2013 19:46 - 13408 of 21973

amazed TWTR has performed so strongly in a weak market .... was tempted to short but happily only thought about it

HARRYCAT - 08 Nov 2013 08:07 - 13409 of 21973

.

skinny - 08 Nov 2013 08:09 - 13410 of 21973

Triple top on that DOW chart.

goldfinger - 08 Nov 2013 08:48 - 13411 of 21973

Hope it doesnt get as bad as this but it looks like 6400 support on long term FTSE100 chart which corresponds with horizontal support at August 2013.

ftse%20100%201.JPG

Shortie - 08 Nov 2013 09:23 - 13412 of 21973

6680 is roughly where I put FTSE bullish sentiment, if we remain above. US Taper fears drove yesterdays fall after better than expected Q3 data. Todays unemployment figures will either fuel the fear or quash it.

Shortie - 08 Nov 2013 09:27 - 13413 of 21973

After cashing in some of my short DFT's I'm now weighted long...!

goldfinger - 08 Nov 2013 09:31 - 13414 of 21973

Forget Twitter! Pricing set in the float of the year, shares in Merlin, owner of Sea Life, Legoland and pricey car parks, will be 315p

Time Traveller - 08 Nov 2013 10:34 - 13416 of 21973

Shortie,
Questor doesn't mince his words does he. But I must agree his comments appear to be well thought through and compelling.
Maybe Merlin is a short from the start then?!

Shortie - 08 Nov 2013 11:39 - 13417 of 21973

Merlin isn't for me despite my childhood love for Lego. I'll wait for direction before making a play... Twitter yesterday, a loss making company with half its registered users inactive and a obvious short is a great example of how illogical markets can be..

Shortie - 08 Nov 2013 11:42 - 13418 of 21973

A week later than originally scheduled, but it's Jobs Friday as US economic data continue to catch up following the shutdown. Because of the estimated temporary impacts from that on the federal workforce, October's job growth is seen being muted--and that's compared with the ongoing slowdown that's been seen all year. Thursday's GDP report may have fanned some taper fears in the equity market (something always needs to be blamed when profit-taking happens), but it's not likely the employment data will provide Bernanke & Co. with much to feel that upbeat about regarding the labor picture. With the Dow industrials having undid Wednesday's rally yesterday, futures are up 13 and the S&P 500 gains 4.

cynic - 08 Nov 2013 12:39 - 13419 of 21973

i may well short TWTR this morning, depending on what the employment numbers look like and market's reaction

meanwhile have taken a few small profits on some trading positions in uk shares, merely as insurance against a few days retrenchment

cynic - 08 Nov 2013 13:42 - 13420 of 21973

U.S. economy adds 204,000 jobs in October - well ahead of expectations; Unemployment rate steady at 7.3%.
markets, being contrary beasts, didn't like this for all the usual nonsense reasons
imo, it will have no effect at all on any tapering decision, so have added back (cheaper) the long dow i encashed this morning

Shortie - 08 Nov 2013 13:51 - 13421 of 21973

The big upside surprise in jobs growth caught bond bulls off guard. Long bets are unwinding. "It is a very strong report no matter how you look at it. Taper in December is definitely back on the table," says Jason Rogan, managing director of US government bond trading at Guggenheim Securities. Rogan says the 10-year yield likely rises above 2.75% in the coming week as the market also faces $70B in fresh debt supply. The 10-year note is 31/32 lower, yielding 2.727%.

cynic - 08 Nov 2013 13:54 - 13422 of 21973

even so, the numbers are a good indication that the economy (been saying this about worldwide for ages and ages!) is picking up, which surely cannot possible be a "bad thing"

QE was only ever meant to be medicine for the sick
tapering will for sure only be gradual as and when it happens, and should not have a negative effect

halifax - 08 Nov 2013 14:00 - 13423 of 21973

fed government closes down=improving economy!

Shortie - 08 Nov 2013 14:07 - 13424 of 21973

It depends on just how much easy money and a full time running printing press has had to do with the 'recovery'... Either way FED Taper and end of easy money should cause markets to fall.

cynic - 08 Nov 2013 14:15 - 13425 of 21973

wait and see, but cash dow has now recovered to b/e

Shortie - 08 Nov 2013 14:32 - 13426 of 21973

I'm weighted long on the FTSE so I'd prefer a close above 6680 to confirm bullish sentiment still in play.
Register now or login to post to this thread.