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
- 01 Apr 2014 07:35
- 15028 of 21973
skinny
- 01 Apr 2014 07:47
- 15029 of 21973
cynic
- 01 Apr 2014 07:50
- 15030 of 21973
must have had feedback from some of the posters on mam!
skinny
- 01 Apr 2014 12:00
- 15031 of 21973
DOW toying with 16,500 - high stamped @16,505.9
skinny
- 01 Apr 2014 14:16
- 15032 of 21973
Small short FTSE @6,545.
skinny
- 01 Apr 2014 15:06
- 15033 of 21973
skinny
- 02 Apr 2014 08:33
- 15034 of 21973
Closed short @6639 and now long.
skinny
- 02 Apr 2014 08:45
- 15035 of 21973
Closed +10.5.
jimmy b
- 02 Apr 2014 10:37
- 15037 of 21973
Anyone know the rule on buying back Aim shares sold at a profit today , is it that you can't buy back for 30 days . ???
KEAYDIAN
- 02 Apr 2014 10:37
- 15038 of 21973
So the Dow is near it's all time high. Why is the FTSE 200 points off? Lagging a bit.
skinny
- 02 Apr 2014 10:39
- 15039 of 21973
Jimmy - a new one on me.
jimmy b
- 02 Apr 2014 10:59
- 15040 of 21973
i dont think you can flip them for capital gains skinny
.
Balerboy
- 02 Apr 2014 10:59
- 15041 of 21973
Yes jimmy, correct. It would be as if you hadn't sold any and taxed accordingly at the end of year. not explained very well but hope you get the gist.
Balerboy
- 02 Apr 2014 11:00
- 15042 of 21973
.
skinny
- 02 Apr 2014 11:02
- 15043 of 21973
Oh I see - not something I get involved with!
Perhaps a look
here might help you.
jimmy b
- 02 Apr 2014 11:07
- 15044 of 21973
Thanks all , i'll check it out .
cynic
- 02 Apr 2014 13:38
- 15045 of 21973
there's some sort of employment numbers just come out in usa, but not sure what they are .... anyway, pre-market has fallen back to pretty much neutral
cynic
- 02 Apr 2014 14:04
- 15046 of 21973
The US ADP employment report said 191,000 private sector jobs were added in March. The number was much higher than February's 139,000, but still below economists expectations.
so now we know
goldfinger
- 03 Apr 2014 09:40
- 15047 of 21973
Carney: Rates could rise before general election
03 Apr 2014 | 08:07
Mark Carney said UK interest rates could rise before next May's general election if there are continued sustainable improvements in the economy, according to a report.
The Bank of England governor told the Northern Echo he does not rule out a rate hike before the election next May.
However, Carney (pictured) called for a improvement in the labour market in the North of England as well as the South before such a decision can be made.
"The point is that if a recovery is just based in the South-East it is neither sustainable nor balanced. It has to include the North-East, we are here to make policy for the UK as a whole, " the Governor said in the interview.
Carney recognised an interest rate hike would be unpopular with mortgage payers, but said a hike in interest ratesshould be seen as a "welcome sign" the economy is recovering after a difficult period.
He stressed the hike would be gradual, despite the quick pace of the recovery in the UK compared to other European nations.
"We will set policy as appropriate to meet our core responsibility to meet the two per cent inflation target," the Governor said.
"We have been as explicit as we can about the nature of adjustments to interest rates, but we cannot be specific."
Carney also called for banks to act more professionally in order to improve their public image.
He said: "Banking needs to be treated more as a profession. We also need to improve infrastructure, both in how markets are organised and the codes of conduct behind markets."