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
cynic
- 14 Jan 2014 17:19
- 13943 of 21973
SSYS - was half tempted to buy along with DDD; thank goodness i didn't, nor DDD as it happens
skinny
- 14 Jan 2014 17:20
- 13944 of 21973
I only didn't buy because HL don't cover it!
I'm looking at ONVO also and missed the dip earlier.
Shortie
- 14 Jan 2014 17:28
- 13945 of 21973
I'm also short on the FTSE (as ever), thought you'd have dabbled in ASOS today Skinny, I sure had some fun...
Balerboy
- 14 Jan 2014 20:28
- 13946 of 21973
Shortie..... thats money for old rags!!!
skinny
- 14 Jan 2014 20:33
- 13947 of 21973
Shortie :-) - I love watching ASOS and did trade it a couple of times last year - but it is too much of a roller coaster for me.
Shortie
- 15 Jan 2014 09:27
- 13948 of 21973
Right I've scaled back my FTSE shorts and taken a few losses after I realised last night I was running too much risk.. What an idiot.. Not the best start to the year..
skinny
- 15 Jan 2014 09:44
- 13949 of 21973
Descending triangle on FTSE 5 minute?
Shortie
- 15 Jan 2014 10:19
- 13950 of 21973
If it rallies to 6791 then pulls back to complete a third continuation I might be interested..
Shortie
- 15 Jan 2014 11:03
- 13951 of 21973
Shortie
- 15 Jan 2014 12:09
- 13952 of 21973
S&P back to 1842 resistance, looks like it could break out higher..
Shortie
- 15 Jan 2014 12:14
- 13953 of 21973
Worth noting..
Apple rose more than 1% in thin trade after the chairman of China Mobile Ltd. said the company's deal with Apple will entail broad cooperation between the two. He also said millions of iPhones have already been ordered by customers, signalling strong demand for the device. Apple's Chief Executive Officer Tim Cook said he was "incredibly optimistic" about the outcome of cooperating with the Chinese carrier.
Couldn't find the old APPL thread either..
skinny
- 15 Jan 2014 12:16
- 13954 of 21973
I posted a link to the above on the
traders thread.
Shortie
- 15 Jan 2014 14:03
- 13956 of 21973
FTSE 100 6810 gone short looks overbought on the 5mins so trying a large bet for a few pts.
Shortie
- 15 Jan 2014 15:06
- 13957 of 21973
6825 position closed...
Shortie
- 15 Jan 2014 15:17
- 13959 of 21973
I got my fingers crossed for you Skinny...
skinny
- 15 Jan 2014 15:19
- 13960 of 21973
Cheers Shortie - I think if breaks up here - its 6,900 pdq.
Shortie
- 15 Jan 2014 15:22
- 13961 of 21973
The following are forecasts for this week's remaining data from a survey compiled Friday and Monday. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Thursday 0830 Jobless Claims Jan 11 331K (20) 330K 0830 Consumer Price Index Dec +0.3%(28) Unch --ex food & energy Dec +0.1% (28) +0.2% 1000 Phila Fed Mfg Svy Jan 8.7 (17) 7.0 1000 Housing Mkt Index Jan 58 (14) 58 Friday 0830 Housing Starts Dec 0.975mln(27)1.09mln --percent change -10.6% +22.7% 0830 Building Permits Dec 1.02mln(14) 1.01mln --percent change +1.0% -3.1% 0915 Industrial Production Dec +0.3% (28) +1.1% 0915 Capacity Utilization Dec 79.1% (26) 79.0% 0955 Reuters/UMich Consumer Sentiment (prelim) Jan 83.5 (21) 82.5* 1000 Job Openings and Labor Turnover Nov N/A N/A *End-December reading (Figures in parentheses refer to number of economists surveyed.)
Shortie
- 15 Jan 2014 15:26
- 13962 of 21973
Fully agree, I'm cautious of it making a break for a new high right now.
Have to say with that 2% inflation figure I thought the FTSE would have gone the other way. If inflation continues to fall this adds to the increase interest rates arguement at the BoE.