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
cynic
- 25 Mar 2015 15:57
- 17639 of 21973
FTSE
index has now tottered just below 7,000 so it needs to hold above 6960 for the close
this it should manage, though i remain generally bearish
cynic
- 25 Mar 2015 17:21
- 17640 of 21973
OIL STOCKS
America's oil in storage just hit another record after rising for the 11th consecutive week.
Stockpiles rose 8.2 million barrels, or 1.8 percent, to 466.7 million barrels last week, the EIA reported today. Analysts had expected an increase of 4.75 million barrels. The amount of oil the U.S. is cranking out also edged up slightly, for the seventh consecutive week, to a rate of 9.42 million barrels a day.
Investors have been closely watching the oil gather in storage tanks, which has been rising steadily since the oil-price crash started last year. Stockpiles are more than 25 percent above their five-year average. Inventories aren't likely to max out, but even the possibility of coming close is adding pressure to an oversupplied oil market.
Claret Dragon
- 25 Mar 2015 19:06
- 17641 of 21973
Yemen could be the next Black Swan if it turns to custard there.
Claret Dragon
- 26 Mar 2015 07:14
- 17642 of 21973
Not looking too good again.
cynic
- 26 Mar 2015 08:12
- 17643 of 21973
clearly i abandoned my dow position far too early, albeit with a very nice profit
my little ftse short is now just about in the money
Stan
- 26 Mar 2015 08:20
- 17644 of 21973
Down is the new up Alf.
Balerboy
- 26 Mar 2015 19:17
- 17645 of 21973
Up and down like cynic's draws.........
cynic
- 26 Mar 2015 19:56
- 17646 of 21973
DOW
is going to close below 17,700 which is disappointing unless you're bearish
Claret Dragon
- 27 Mar 2015 11:43
- 17647 of 21973
7000? Hope we don't just drift all the way down again!!!!!!
Stan
- 27 Mar 2015 11:46
- 17648 of 21973
I do -):
2517GEORGE
- 27 Mar 2015 13:02
- 17649 of 21973
Miserable left-winger.
2517
Claret Dragon
- 30 Mar 2015 11:29
- 17650 of 21973
A bit of a bounce today. Hoping it lasts all the way into Easter, otherwise its no eggs for the Trouble :)
Claret Dragon
- 31 Mar 2015 11:10
- 17651 of 21973
Another dustbin day on the FTSE 100.
50% Must be rubbish.
cynic
- 03 Apr 2015 16:18
- 17652 of 21973
US jobs data was very weak as a result of which cash DOW dumped 170 points to 17589 - the US markets are closed today, but not sure about monday
my gut tells me that the drop is badly o'done but not sure if i'll dare back it with my wallet
Fred1new
- 03 Apr 2015 16:52
- 17653 of 21973
Put your neck on it!
8-)
cynic
- 03 Apr 2015 17:06
- 17654 of 21973
was tempted to take a small position at this level, but market is closed-closed so could not place even with IG
Chris Carson
- 03 Apr 2015 17:56
- 17655 of 21973
ETX CAPITAL (And probably the rest without checking)
On Monday 6th April an out of hours market will be made in the Euro Stocks 50, France 40, Germany 30 @ UK Indices opening Sun 5th April @ 2300 and throughout Monday 6th April. All other Indices will be closed apart from US Indices and Japan 225 which are open as normal. All Equities will be closed apart from US Equities which are open as usual.
aldwickk
- 03 Apr 2015 18:39
- 17656 of 21973
Do any of you follow Andre Minassian
Claret Dragon
- 03 Apr 2015 19:22
- 17657 of 21973
Had a small dabble today and out very quickly.
cynic
- 03 Apr 2015 20:13
- 17658 of 21973
IG also offers from sunday, but not sure if it's worthwhile as there is no proper market against which to check levels