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

Still holding FTSE shorts and EUR/GBP shorts, CHF tempting for a long position. NOK should get hit due to US crude inventory supplies in weekly data.

got lucky and made good money on dow long positions (all now closed), and ftse shorts also in the money (still holding)

will you control your relative on the afren board cynic.....;)

would that i could even talk sense into young sticky; he really is an ass at times .... as for mentor, i've concluded that he's mental and have squelched him .... avoids or even evades the temptation of reacting to his abuse

You are getting sensitive in your old age!

not really, but he really is a tiresome fellow
sticky just gets his knickers in a twist every so often, usually without rhyme or reason
no idea why he's taken deep umbrage with me all of a sudden, but no doubt he's found some sort of reason even if misplaced

you'll note that i've never even squelched you :-)

B, it!

you don't merit such an honour :-)

US growth cools to 2.6% in fourth quarter
The US economy grew 2.6 per cent in the fourth quarter – below consensus expectations for a 3 per cent increase. That was a marked slowdown from the 5 per cent annualized pace set in the third quarter.
Real personal consumption spending rose an annual 4.3 per cent in the fourth quarter, accelerating from the 3.2 per cent in the third, according to official data.


markets won't like that
it's also the last trading day of the month, which would likely bring erratic trading in any case

this may interest you from IG .....

Sunday indices
FTSE, Germany 30 and Wall Street markets are available for Sunday trading from 8am until 10.40pm (London time).

FTSE, Germany 30 and Wall Street markets are available for Sunday trading from 8am until 10.40pm (London time).

And how much did IG lose on the CHF Black Swan? They've got to recover their £30m losses somehow, and a fool and their money are easily parted, I suppose. But why anybody, anywhere would ever trade against a B book broker mystifies the hell out of me.

No more than £30m. (About the value of Cynic's portfolio!)
"IG says the precise level of the impact will be partially dependent on the company's ability to recover client debts, but in total it will not exceed £30m, from market and credit exposure."

i wish :-)
unlike some, i don't have a property empire and an imminent development of some high rise city apartment block :-)

dow really struggling to hold 17,300 so 17,200 def on the cards once more
it's bounced strongly from there a couple of times, but perhaps not this time
if not, look for 17,100 for stronger support
....... or so it is said

below is the dow chart for the last 30 days ..... talk of a roller coaster!

Last 6 months , i'm just trying to use my new found charting/ pasting skills .

Heaven help us....

you're like a child with a new toy :-)
you might like to play at making them smaller too :-))

Don't confuse me now ..

dow
17,200 now smashed south ..... all aboard at 17,100 i guess