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

Market makers shaking ftse down before US CPI next Wed 15th and todays PPI
http://www.bls.gov/schedule/news_release/cpi.htm

http://www.bls.gov/schedule/news_release/ppi.htm

Expect markets to spike north from Tuesday 14th, all the way into Jan {ftse 6600-6700}

.

Tuesday 14th??????
what a magic day and date ...... especially as Monday is 14th!

5,985 and 17,325 the next alleged supports

Relentless !!!! is it world war three ????

i'm still hurting but not as awful as it might have been as i banked profits on AFC, WOS and BDEV about a week ago ..... thought i might have been premature, but today says most definitely not

Tuesday 14th??????

Sorry, 15th

PPI @ 13.30 Today!

wednesday 16th may be the more telling as that is when rate rise news is expected
a case of damned if JY does or if she doesn't
on balance, a rate rise would probably be preferable, given the clobbering the markets have already taken

whatever the PPI numbers, they look to have been met with indifference

And still the markets fall CAC DAX DOW ,Oil ,i think the only one on my list that's up is Copper

not much sign of support at the numbers above :-(

had a quick and very small duck in/out of dow and got lucky with +64

DOW
~17,380 is proving the current resistance level having been there 4x on the recovery tack, but has fallen off each time

I thought that the Fed were almost guaranteed to raise their base rate next wed, so I assume that the decision was already factored in. Traders in the US have expressed the probability as 74%.

FTSE will close in a few minutes having clocked up 6 down days on the spin!

Can i come out now ? .

nope ..... the all clear hasn't yet sounded

DOW
currently down very nearly 300 at 17,280

Recession being priced in for next year.