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

or not...

Thanks Skinnyl, I agree looks like a buy, it could well dump a further 30pts though if the cross doesn't establish... Tempting as the buy maybe, I'm going to wait..

An interesting afternoon!

As long as it doesn't go sideways!!

cash dow not exactly full of beans ...... i think it was +40 first thing this morning and has now, quite quickly, dropped away to -25

ftse marginally following in sympathy

twitchy afternoon ahead i dare say

=============

cash dow now -60
ran and cashed a small short earlier; shame with hindsight :-)

BalerBoy,

See Nowt thread.

this won't help sentiment, though i have no idea what was expected ....

JPMorgan hit by fixed income trading slump
JPMorgan Chase launched Wall Street’s earnings season with weaker first-quarter results, hit by a sharp decline in revenues from fixed income trading and mortgages.
The largest US bank by assets reported net income of $5.3bn for the first three months of the year, down 19 per cent from the first quarter of last year. Earnings per share fell to $1.28 from $1.59 a year ago.

Yes its caused the banks to wobble even more.

J.P. Morgan shares fall 2% on earnings miss

Before going to bed this morn went short on ETX platform at 6580.2 with a limit @ 6551.9 And Cap Spreads platform at 6582.5 with a limit at 6510.0.

ETX trade filled + 28.30
Caps trade still running,just moved my stop to6567.5 to lock in +15

Before going to bed this morn went short on ETX platform at 6580.2 with a limit @ 6551.9 And Cap Spreads platform at 6582.5 with a limit at 6510.0.

ETX trade filled + 28.30
Caps trade still running,just moved my stop to6567.5 to lock in +15

Nice one Chris.

How many times did you go to bed? :-)

Well done Chris.

:))

Caps trade
08.03.51

Etx trade
09.01.29 to be pedantic skinny :O)

I might call it a day in favour of The Masters

is it on the box yet?

Don't know, I just noticed that they'd started... Can you believe Donald is 7 over??

Sky sports 4 live 7pm. Got £10 e/w on Rory @ 6/1

I'm just doing the fantasy league, 10 of us in total £100 pot...