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

Put a Michael Jackson mask on Shortie !

dow
U.S. adds 192,000 jobs in March, government says. Unemployment rate holds steady at 6.7%.
employment numbers have sparked a strong rally comfortably above 16600
always assuming this holds, this could be the start of another bull leg

US adds 192,000 jobs in March


The US jobs tally for March has just missed expectations.

The US economy created 192,000 jobs last month, up from 197,000 in February, the Department of Labor said on Friday. Meanwhile, the unemployment rate held at 6.7 per cent.

Economists had forecast a total of 200,000 jobs and an unemployment rate of 6.6 per cent.

Although the unemployment rate has fallen from the post-financial crisis peak of 10 per cent reached in October 2009, Federal Reserve chairwoman Janet Yellen argued last week that the labour market remains too weak.

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that's the interesting bit as it gives an indication that interest rates are not gouing to rise any time soon .... and if not in usa, then very unlikely in uk too (whatever sticky may jump up and down about!)

Carney is seeing Giddeon this weekend to worn him hes putting rates up later this year.

straight from BoE i take it ..... just like the release of usa employment figures 15 minutes before they were actually released

Short @6700.8

C+M Index has suddenly rocketed :-)

Closed @6,664.8 +36.

This maybe a silly question but could you trade using a credit card[s] and pay back b4 they charge interest ?

You can pay with a credit card (I've never done it), but I assume it would be treated as any other cash withdrawal and you would be charged interest from day 1.

A slippery path anyway?

I was thinking more of day trading

Probably best to speak to the credit card supplier, although I can't see them giving you a free cash advance - even if it is repaid on the same day.

I have a 4 day overdraft interest free from my bank

Many bank accounts have free overdrafts - but you asked about using a credit card.

Short @6.672.5.

Closed @6,655.8 + 16.7

Closed a Ftse short (for now) @ 6559.2 + 39.70.

Still running my 6585.8 short, well over a week now..

Its tin hats on .