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
- 24 Jan 2014 13:11
- 14065 of 21973
5 iPhone-beating phone features
How some Android and Windows models are one-upping Apple.
The iPhone continues to dominate the market for high-end smartphones, but a growing army of competitors, mostly Android models, now boast some features that make even the most ardent Apple AAPL -0.48% devotees envious.
cynic
- 24 Jan 2014 13:32
- 14066 of 21973
for myself, i can't work out where the markets will go this afternoon ..... i'ld like to think that they'ld recover, but probably for the best, i can't convince myself
halifax
- 24 Jan 2014 13:33
- 14067 of 21973
tgif!
tyketto
- 24 Jan 2014 13:40
- 14068 of 21973
Poets day. P Off Early Tomorrow is Saturday.
Shortie
- 24 Jan 2014 14:37
- 14069 of 21973
9:19 EST - Based on how market reacted, a bad payrolls report isn't believed to be enough to stop the Fed from tapering QE next week. The question now is if financial tensions are. ED&F Man Capital's Tom di Galoma thinks there's a chance, noting Yellen "is very careful about disruptions." The coming FOMC meeting is Bernanke's last as chairman. Recall in September's surprising no-taper decision, a key reason cited by the Fed was a sharp rise in interest rates. This time, it's stocks and a whole slate of currencies selling off. While the bar is high for the Fed to deviate from its gradual-taper course, it's worth remembering how stress in financial markets have a place in the Fed's equation.
cynic
- 24 Jan 2014 14:42
- 14070 of 21973
look or rather hope for some support for dow at ~16020
================
modest dow long at 16090
i smell dinner at the Waterside :-) ..... but a way to go yet, remembering the size of the last bill!
Shortie
- 24 Jan 2014 15:23
- 14071 of 21973
Strong dollar with emerging markets being sold off... I'd assume that profit taking on fx is causing the sell off, either that or its fear of default as emerging market bubbles near the burst... Short indicies and markets long gold and anything unimpaired always resemble the begining of a crash...
goldfinger
- 24 Jan 2014 15:25
- 14072 of 21973
Well weve got that pull back youve been looking for before since xmas Cyners.
Its a case of where it stops now.
skinny
- 24 Jan 2014 15:27
- 14073 of 21973
Shortie - from earlier -
Emerging currency panic forces central bank action
(Reuters) - Central banks across the developing world waded into currency markets on Friday to try and stabilise currencies that were rapidly depreciating in an emerging markets selloff.
The Turkish lira hit record lows despite an estimated $3 billion (1 billion pounds) of intervention during the previous session. The rouble and the rand languished at levels not seen since the 2008-2009 financial crisis.
"It's a general weakness in those emerging market currencies - rouble, rand, lira - where the market has a view that the central bank will not act properly on market weakness," said Ulrich
cynic
- 24 Jan 2014 15:32
- 14074 of 21973
if i knew that sticky, i wouldn't be sitting in uk, but rather in the sunshine of the windies or similar
goldfinger
- 24 Jan 2014 15:36
- 14075 of 21973
What about Blackpool...... lovely fish and chips.
hilary
- 24 Jan 2014 15:41
- 14076 of 21973
And full of thick northerners.
Balerboy
- 24 Jan 2014 15:45
- 14077 of 21973
ooh thats not nice.,.
skinny
- 24 Jan 2014 15:47
- 14078 of 21973
hilary
- 24 Jan 2014 15:57
- 14079 of 21973
Is that bearish MACD divergence on your chart, Skinners? The price is still above the trendline though.
skinny
- 24 Jan 2014 15:59
- 14080 of 21973
Its looking that way - after quite a long run though!
skinny
- 24 Jan 2014 16:01
- 14081 of 21973
Shortie
- 24 Jan 2014 16:01
- 14082 of 21973
Just closed all FTSE shorts and taken profits.. Best trading week this year yet!
skinny
- 24 Jan 2014 16:06
- 14083 of 21973
Well done Shortie - pint? :-)
Chris Carson
- 24 Jan 2014 16:09
- 14084 of 21973
Nice one Shortie :O)