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
HARRYCAT
- 15 Jan 2016 12:03
- 19589 of 21973
Another possibility for your defensive portfolio Mr C..........ULVR seems to have weathered the storm quite well. Divi around 3%.
Pharma carries it's risks...:
"One person is brain dead and five others are seriously ill after taking part in a medical drug trial at a pharmaceutical firm at a clinic in north-west France.
The French health ministry said the six patients had been in good health until taking the oral medication. The ministry did not say what the new medicine was intended to be used for. French media reported that the trial was for a cannabis-based painkiller.
The health minister, Marisol Touraine, said the six had been taking part in a “trial of an oral medication being developed by a European laboratory” in Rennes, Brittany."
Chris Carson
- 15 Jan 2016 12:24
- 19590 of 21973
Indeed, markets closed Monday. UKX at the mercy of the Dow and will follow. Odds are if oil falls lower the trend at the moment indices (DOW) keeps it company. Scary times. This too shall pass, who knows when?
No appetite to buy or trade stocks so far for me right now. So either left with sitting on sidelines and doing nothing or scalp DOW or UKX. Foreign country for me scalping either for the last eight years because easier to trade stocks in a Bull market. Trading Dow scares me to death always has done. This week I have just had a dabble at scalping UKX long and short, new ball game for me so only risking on the spreads 0.50p per point. Problem with trading either at mo is you daren't risk leaving the screen, constant threat of algo's spiking price in either direction when your not looking. All good fun, wish it was April at least get outside and play some golf. :0)
cynic
- 15 Jan 2016 12:26
- 19591 of 21973
you're right ..... at the moment to trade the indices you have to be glued to the screen and be prepared to have nimble fingers at the wrong point
HARRYCAT
- 15 Jan 2016 12:28
- 19592 of 21973
I saw a news item last night were a golf course had installed floodlights in order to encourage people returning from work & school to play a round. Seems membership is dwindling in the sport.
Stan
- 15 Jan 2016 12:36
- 19593 of 21973
Why can't you just set a stop loss/gain to your advantage if you can't watch the screen?
cynic
- 15 Jan 2016 12:44
- 19594 of 21973
you can, but with the indices spiking both up and down at a moment's notice, it's very difficult to set levels that won't get hit - usually when you're in the other direction!
Stan
- 15 Jan 2016 12:58
- 19595 of 21973
Ah so stop losses are not guaranteed are they? unless you pay extra is that right?
HARRYCAT
- 15 Jan 2016 13:20
- 19596 of 21973
DOW futures -300?
jimmy b
- 15 Jan 2016 13:41
- 19597 of 21973
Does the DOW hold 16000 ,the FTSE 5800 , oil is 29.50 ,this is crazy .
ahoj
- 15 Jan 2016 13:45
- 19598 of 21973
And dollar index is down too, now 98.6 from 99.2
2517GEORGE
- 15 Jan 2016 13:46
- 19599 of 21973
QE unwinding, is that right DJ down 350.
2517
HARRYCAT
- 15 Jan 2016 13:48
- 19600 of 21973
US retail sales figures doing the damage it seems.
DOW futures now -400
Claret Dragon
- 15 Jan 2016 13:55
- 19601 of 21973
Gone long FTSE 100 5783
ahoj
- 15 Jan 2016 13:56
- 19602 of 21973
cynic
- 15 Jan 2016 14:50
- 19603 of 21973
well i've just got back from the gym and truly delighted i had nothing running while i was out!
Claret Dragon
- 15 Jan 2016 15:38
- 19604 of 21973
Volatility !!!!!!!!!!!!
jimmy b
- 15 Jan 2016 15:39
- 19605 of 21973
Mad !!!
cynic
- 15 Jan 2016 15:52
- 19606 of 21973
i missed the chance to buy DOW at 15,978 as had only just walked in
with a tiny stake, i eventually bought at 16,044 on the basis that i don't mind topping that up if the opportunity looks right
ahoj
- 15 Jan 2016 16:05
- 19607 of 21973
15978 again
cynic
- 15 Jan 2016 16:07
- 19608 of 21973
i know, so i bravely (stupidly if it all dives another 100) topped up at 15977