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
- 25 Sep 2014 16:52
- 16340 of 21973
NEW YORK, Sept 25 (Reuters) - The dollar hit a four-year high as the yield difference between U.S. Treasuries and German Bunds widened to the highest in nearly 15 years on Thursday, while global equity markets fell sharply as the stronger dollar pointed to potential earnings losses. Weak European economic data on Wednesday also helped push the euro lower, while the strong dollar knocked down oil, gold and other commodity prices on Thursday. The dollar index .DXY , which measures the greenback against a basket of major currencies, rose to a four-year high of 85.485 before paring some gains, up 0.21 percent at 85.217. The euro fell as low as $1.26955 EUR= on trading platform EBS, its lowest since November 2012, as the yield gap is a key driver of exchange rates. Selling in the euro, which was last off 0.31 percent against the dollar at $1.2740, quickened after the shared currency sank below the $1.2750 level, according to Boris Schlossberg, managing director at BK Asset Management in New York. "The sentiment toward the unit remains extremely negative as markets are beginning to appreciate the divergence between U.S. and European monetary policies," he told clients in a note. The spread between benchmark U.S. and German 10-year debt was 156 basis points, within touching distance of recent 15-year highs of 158 basis points. Ten-year German Bund yields DE10YT=TWEB fell to 0.973 percent, while 10-year U.S. Treasury yields US10YT=RR slipped to 2.5203 as the price rose 13/32. A strong dollar can hurt earnings from abroad for U.S. multinationals, as well as industrials and companies in basic materials, said Keith Bliss, senior vice-president at Cuttone & Co in New York. "A stronger dollar, if it moves too rapidly, is typically a pattern that is bad for U.S. equities," Bliss said. "The commodity guys are going to be a little weaker in this market; it is clearly going to have an impact on their core product, on what they sell, since they are all denominated in dollars." Stocks on Wall Street fell more than 1 percent, and pushed MSCI's all-country index .MIWD00000PUS down 1.07 percent to 419.18. The FTSEurofirst 300 .FTEU3 index of top European shares retreated, falling 1.06 percent at 1,371.05. The Dow Jones industrial average .DJI was down 195.48 points, or 1.14 percent, at 17,014.58. The Standard & Poor's 500 Index .SPX was down 23.65 points, or 1.18 percent, at 1,974.65. The Nasdaq Composite Index .IXIC was down 74.21 points, or 1.63 percent, at 4,481.01. Brent crude fell further under $97 a barrel as abundant supply and the strong dollar largely outweighed worries about Mideast conflict. Brent LCOc1 fell 46 cents to $96.49 a barrel before recovering to trade at $96.85. U.S. crude CLc1 was up 32 cents at $93.10 a barrel. Three-month copper on the London Metal Exchange CMCU3 retreated 0.67 percent to $6,697 a tonne, and the 19-commodity Thomson Reuters/Core Commodity CRB Index .TRJCRB fell 0.9 percent.
goldfinger
- 25 Sep 2014 16:53
- 16341 of 21973
Would be nice if you posted them on the chart thread aswel shortie its going dead on there.
cynic
- 25 Sep 2014 16:55
- 16342 of 21973
i think a lot of us are quite rightly very chary of the markets
goldfinger
- 25 Sep 2014 16:57
- 16343 of 21973
Whats chary mean?
cynic
- 25 Sep 2014 17:06
- 16344 of 21973
hesitant; reluctant
Shortie
- 25 Sep 2014 17:22
- 16345 of 21973
What chart thread?
Chris Carson
- 25 Sep 2014 17:23
- 16346 of 21973
LOL!!!
Shortie
- 25 Sep 2014 17:27
- 16347 of 21973
I'm not reluctant to trade, more reluctant to post what I'm trading due to the responses you get for shorting someone else's prized stock...
Chris Carson
- 25 Sep 2014 17:30
- 16348 of 21973
Not as bad here as over the road though Shortie.
jimmy b
- 25 Sep 2014 17:34
- 16349 of 21973
Shortie ,post away if your shorting what i've bought it gives food for thought ,no problem on here ,as Chris said it's over the road that you'll get abuse , it's like you have killed their Mother !!!
Shortie
- 25 Sep 2014 17:38
- 16350 of 21973
I've not read anything there in years and have never posted...
Shortie
- 25 Sep 2014 17:39
- 16351 of 21973
Not seen Skinny about here in some time either.
jimmy b
- 25 Sep 2014 17:40
- 16352 of 21973
I have read not posted ,it's like the Jeremy Kyle show.
Claret Dragon
- 25 Sep 2014 17:59
- 16353 of 21973
Red "Yankee Candle" Day
HARRYCAT
- 25 Sep 2014 20:59
- 16354 of 21973
.
goldfinger
- 26 Sep 2014 09:01
- 16355 of 21973
Copy of post I have made on the Chart Attack thread..... thoughts please should we close it?
goldfinger View goldfinger's profile - 26 Sep 2014 08:25 - 2137 of 2137 edit this post
Is their any point in keeping this thread going anymore??? it would appear some posters on the board hold it in very low esteem as per comments I have just seen on the FTSE and FTSE 250 -consider trading thread epic FTSE..........
goldfinger - 25 Sep 2014 16:53 - 16341 of 16354 edit this post
Would be nice if you posted them (charts) on the chart thread aswel shortie its going dead on there.
Shortie - 25 Sep 2014 17:22 - 16345 of 16354
What chart thread?
Chris Carson - 25 Sep 2014 17:23 - 16346 of 16354
LOL!!!
Skinny no longer posts nor does Seymour Clearly and the contributions from others is negligible.
Cant see any point in keeping it going with the prevailing attitudes towards it.
I may aswel ask Ian to close it down
cynic
- 26 Sep 2014 11:18
- 16356 of 21973
sticky - i think it would be a shame to close that thread
though i rarely contribute, i certainly read those of others, and sometimes even act on them
cynic
- 26 Sep 2014 13:40
- 16357 of 21973
US economic growth revised higher to 4.6%
The world's largest economy grew at a 4.6 per cent annual rate in the quarter to the end of June, according to a third and final estimate from the Commerce Department.
That's up from the 4.2 per cent pace previously estimated and matching the pace of growth since fourth quarter of 2011.
Economists had expected 4.6 per cent.
cynic
- 29 Sep 2014 08:44
- 16358 of 21973
well done balfour beatty!
just a few weeks ago they turned down a generous offer and now come out with a profit warning
if i were a shareholder, which thank goodness i am not, i would certainly want some very senior heads to roll
Shortie
- 29 Sep 2014 09:48
- 16359 of 21973
LONDON, Sept 29 (Reuters) - The following FTSE 100 .FTSE companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 0.66 points off the index. COMPANY (RIC) DIVIDEND IMPACT (pence) British Land BLND.L 5.536 0.22 Intertek Group ITRK.L 16.000 0.10 Morrison Supermarkets MRW.L 4.030 0.34 Among FTSE 250 .FTMC companies going ex-dividend are: COMPANY (RIC) DIVIDEND (pence) AG Barr BAG.L 3.11 Bodycote BOY.L 4.60 FOREIGN AND COLONIAL FRCL.L 2.20 INVESTMENT TRUST Fisher (James) FSJ.L 7.10 Inmarsat ISA.L 18.68 (U.S. cents) Mercantile Investment Trust MRCM.L 8.00 RIT Capital Partners RCP.L 14.70 DS Smith SMDS.L 6.80