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
Fred1new
- 23 Oct 2015 11:49
- 18732 of 21973
But you are a short term trader!
cynic
- 23 Oct 2015 13:35
- 18733 of 21973
on indices i'm nowhere near brave enough or so damn foolish as to hold a position long(er) term
cynic
- 27 Oct 2015 11:22
- 18734 of 21973
from IG analyst
The big question is whether OPEC and other oil producers can continue to handle prices at these levels. There have been calls from Russia and Venezuela in recent weeks for OPEC and non-OPEC producers to meet and agree on cutting production. This week Algeria also backed Venezuela’s call for the meeting. Despite the marked drop in US shale oil production, global oil supplies have remained stubbornly high. But now that OPEC nations have been steadily regaining global market share, they may be more inclined to start to trim back their production. The big unknown is how much pain they need to inflict on US shale oil producers before they cut back, but moves on this front could certainly see some upside in the oil price
==================
at the moment and from first-hand knowledge, companies across the whole gulf region are being crucified with both exports and imports and even production at some chemical plants coming to an effective standstill
across the world, storage depots are as rammed as we have ever seen them with idle containers of all types
for some obscure reason, stock markets remain almost oblivious ....... scary
HARRYCAT
- 27 Oct 2015 11:30
- 18735 of 21973
Mild weather isn't helping consumption either. All the gas producers are getting crucified.
patshere
- 27 Oct 2015 11:56
- 18736 of 21973
Quite nice weather here in Hampstead :~)
cynic
- 27 Oct 2015 15:14
- 18737 of 21973
what's poked wall street up the arse that it's suddenly perked up?
jimmy b
- 27 Oct 2015 15:41
- 18738 of 21973
Iv'e been in and out of FTSE all day made about 12 trades for small points .
HARRYCAT
- 27 Oct 2015 16:14
- 18739 of 21973
Mr C, Apple due to report this afternoon I think. Expectations are high. Twitter also reporting.
Though T-Mobile US should have knocked things back a bit. Depends how you see their Q3 results.
cynic
- 27 Oct 2015 17:08
- 18740 of 21973
the following adds fuel to the fire of concern across the world .......
firstly, BP foresees depressed crude prices into 2017
now read the following ....
http://www.offshoreenergytoday.com/fred-olsen-breaks-off-bollsta-dolphin-construction-contract/
i am glad i no longer hold LAM
Fred1new
- 27 Oct 2015 17:29
- 18741 of 21973
Manuel,
But UK's problems are down to this tory government's economic policies, not the state of world economics.
As I have been told 2008-2010 and every week since then by the con party, UK's are insulated from World Affairs.
I believe in the Conners!
And, of course being outside the EU will make it easier for the UK to trade out of debt.
What is the trading deficit at the moment?
ummmmh!
cynic
- 27 Oct 2015 17:50
- 18742 of 21973
for goodness sake why can't you just bang your monotonous political drum on the TALK thread only?
your pollution spreading to this thread is tiresome in the extreme
Fred1new
- 27 Oct 2015 18:14
- 18743 of 21973
You twit.
You are hammering on about the market.
Look at the causes and probable outcome!
jimmy b
- 27 Oct 2015 18:47
- 18744 of 21973
Fred keep it to the talk thread ,please don't come over and ruin trading threads . Thanks .
cynic
- 27 Oct 2015 19:58
- 18745 of 21973
funny thing, but fred chooses to think that i'm talking about uk economy to which he can then attach some political nonsense...... by golly he's a bore
cynic
- 27 Oct 2015 21:01
- 18746 of 21973
i know AAPL beat forecasts, as did Twitter, but don't know by how much ..... however, sp up about 2.25% and DOW pretty strong too
jimmy b
- 27 Oct 2015 21:02
- 18747 of 21973
Still got a FTSE long so Dow finishing well tonight may have helped .
cynic
- 28 Oct 2015 08:28
- 18748 of 21973
6,380 and 17,578 are apparently the key levels to watch
jimmy b
- 28 Oct 2015 08:39
- 18749 of 21973
Had one FTSE long this morning ,still got one running from yesterday that's down a few points .
HARRYCAT
- 28 Oct 2015 08:54
- 18750 of 21973
FED interest rate decision later today.
Twitter is forecast to open down 11%.
patshere
- 28 Oct 2015 10:47
- 18751 of 21973
FED decision is @ 6PM UK time / 2pm US time, as they have not changed from summer time.