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
Claret Dragon
- 28 Jul 2015 05:42
- 18276 of 21973
Turnaround Tuesday!!
deltazero
- 28 Jul 2015 07:46
- 18277 of 21973
nice1 claret - it would be rude not to!! :-)
gl
deltazero
- 28 Jul 2015 08:18
- 18278 of 21973
interesting - even with china propping up the market still many averse to any risk for many reasons - saaaaaaaaaaarfffffffffffff could continue.................... we shall see
Claret Dragon
- 28 Jul 2015 08:26
- 18279 of 21973
I think the Chinese believe its a "Right of passage" to have the numbers only get better. Learning the hard way.
cynic
- 28 Jul 2015 09:57
- 18280 of 21973
i agree with dz and am glad to be out of the indices until i can pay full attention
cynic
- 28 Jul 2015 15:15
- 18281 of 21973
typical day ...... earlier, cash dow was showing +100 or thereabouts, but now trading at only +30
deltazero
- 28 Jul 2015 15:30
- 18282 of 21973
fantastic day - the saaaaaarrrfffffffffffffffffff never really fully went away - it was / is a perfect traders day - false bubbles created to enable rapid profit taking (takeaway day) - nicely done and executed
tonight / tomorrow will be the real interesting day imo
gl
Claret Dragon
- 28 Jul 2015 15:32
- 18283 of 21973
Sentiment not good at the moment overall.
deltazero
- 28 Jul 2015 15:50
- 18284 of 21973
yep claret that is why tonight / tomorrow so important - may end the day blue but not looking convincing according to city chatter....... china is one of the reasons the ftse benchmarks can be 'fragile' at times.............................
Claret Dragon
- 28 Jul 2015 17:06
- 18285 of 21973
dz. A bit of short squeeze today possibly?
cynic
- 28 Jul 2015 17:09
- 18286 of 21973
beware the false dawn ..... following a terrible run, some sort of bounce always has to happen, but watch for lower high
i think 6,650 (ftse) and 17,700 (dow) are the levels that need to be broken upwards if this bear run is to be halted
Claret Dragon
- 29 Jul 2015 16:02
- 18287 of 21973
Looks like we have reversed again upwards.
cynic
- 29 Jul 2015 16:42
- 18288 of 21973
maybe but tread cautiously - see 18286
deltazero
- 29 Jul 2015 18:54
- 18289 of 21973
YUM 7PM!
Wall Street was higher in US early afternoon trading in the run up to a statement from the Federal Reserve that could give clues about the timing of a rise in interest rates. The Dow Jones industrial average was up 0.56% at 17,729.85, the S&P 500 was up 0.46% at 2,102.94 and the Nasdaq was up 0.17% at 5,097.975. The statement is due at 19:00 BST.
cynic
- 29 Jul 2015 21:33
- 18290 of 21973
dow finished even stronger than that, so perhaps the recovery is not a mirage
jimmy b
- 29 Jul 2015 21:39
- 18291 of 21973
You should put DOW/FTSE charts in the header cynic ??
HARRYCAT
- 29 Jul 2015 21:49
- 18292 of 21973
We've tried that dozens of times jimmy with no success. That's why I have to keep posting some charts page to page to page to................
cynic
- 29 Jul 2015 22:04
- 18293 of 21973
there's too many but go to page 1 and all and more is revealed
deltazero
- 29 Jul 2015 22:21
- 18294 of 21973
very busy day tomorrow for company results. RBS, British Gas owner Centrica, Shell and Thomas Cook are among those reporting.........................
deltazero
- 29 Jul 2015 22:25
- 18295 of 21973
cynic 18290 - lots to consider - would need to see dow 17850 + - lets see
gl