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
- 24 Feb 2014 16:35
- 14406 of 21973
Dallas Fed Business Activity Index Slows in February
Texas-area manufacturers report almost no expansion in business conditions this month, according to a survey released Monday by the Federal Reserve Bank of Dallas. The Dallas Fed said its general business activity index fell to 0.3 in February from 3.8 in January. The company outlook index dropped to 3.4 from 15.9 last month. Readings below zero indicate contraction, and positive numbers indicate expanding activity. Despite the slowing of the top-line numbers, the subindexes generally have improved. The production index increased to 10.8 from 7.1 in January. The shipments index rose further to 13.3 in February after it jumped to 9.2 last month from 0.4 in December. The new orders index, however, slowed to 9.5 from 14.4. The employment index rose to 9.9 from 8.6. The hours-worked index jumped to 12.0 from 3.4. Hours worked are at their highest in more than 30 months, the report said. Texas manufacturers are seeing some cost-pricing relief. The prices-paid index fell again to 21.9 from 26.8 in January and 31.2 in December, while the prices-received index was little changed at 11.2 from 11.0. Manufacturers in Texas pulled back on their confidence about the next six months. The expected-general-business-activity index fell to 15.2 to 22.3. And the company-outlook index--which tracks prospects for each respondent's firm--dropped to 20.6 from a three-year high of 33.5 in January. The expected-employment index slipped slightly to 37.5 from 30.5.
Shortie
- 24 Feb 2014 16:37
- 14407 of 21973
Looks like the odds are on that Yellen won't have the minerals to continue with the cuts..
skinny
- 24 Feb 2014 16:39
- 14408 of 21973
I'm short @6,873 - too slow to amend the limit order!
Shortie
- 24 Feb 2014 16:42
- 14409 of 21973
Above 6900 I'll consider a further position, this rally might hit a new high I'm now thinking.
Shortie
- 25 Feb 2014 11:03
- 14410 of 21973
Good short call yesterday Skinny.
skinny
- 25 Feb 2014 11:10
- 14411 of 21973
Cheers Shortie - unfortunately I put a limit in and it got closed +15 last night!
Had 1 long this morning +9. and just contemplating another.
Shortie
- 25 Feb 2014 11:14
- 14412 of 21973
I'm still holding 6817.4 short. Shame it was closed, I was just thinking Skinnys got to be happy with that..
skinny
- 25 Feb 2014 11:17
- 14413 of 21973
I would normally of let it run, but I thought today may have been the day the FTSE high got taken out - heyho!
skinny
- 25 Feb 2014 11:43
- 14414 of 21973
Long @6,802.
KEAYDIAN
- 25 Feb 2014 11:57
- 14415 of 21973
Long 6800
Shortie
- 25 Feb 2014 12:27
- 14416 of 21973
I thought yesterday we were set for a rally today. 6801 increased my short position.
skinny
- 25 Feb 2014 12:27
- 14417 of 21973
Where's Harry Hill :-)
skinny
- 25 Feb 2014 13:57
- 14418 of 21973
Closed for +14 for now.
Shortie
- 25 Feb 2014 14:02
- 14419 of 21973
Well done Skinny.
skinny
- 25 Feb 2014 14:06
- 14420 of 21973
Cheers - for info a short is 2.7 points off the FTSE tonight.
Shortie
- 25 Feb 2014 14:24
- 14421 of 21973
Thanks Skinny, its always small when my bets are small, sods law!!
cynic
- 25 Feb 2014 14:37
- 14422 of 21973
TSLA.O
this is a scarily rated stock, though prob not as bad as ASC
anyway, i took a small position at $212.75 just after the results, and it's doing very well thank you
this helped ....
Morgan Stanley raises target price to $320 from $153; rating overweight
Shortie
- 25 Feb 2014 15:13
- 14423 of 21973
Can't say I've ever looked at these. Well done though Cynic, your eagle eye swoops the prize!
cynic
- 25 Feb 2014 15:15
- 14424 of 21973
Quantum Leap nudged me in that direction, though i held off for a while as i thought it a bit scary, to say the least
worth having a look at, especially with their ambitions in china
skinny
- 25 Feb 2014 15:22
- 14425 of 21973
Another +10 from FTSE.
cynic is that Tesla - not sure about the '.O'?