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FTSE / DOW YTD

Morning!


In the US last night, the Dow finished up 391 points to 16,493 the Nasdaq gained 128 points to 4,812 and the S&P 500 rose 48 points at 1,969.

In Asia today, the Nikkei was recently up 1,029.45 points at 18,456.53 and the Hang Seng up 739.53 points at 21,998.59.

WTI crude oil traded at $45.94 a barrel and Brent at $49.52.

Gold settled at $1,120.40 an ounce.

Trade well and prosper!

World Bank chief economist warns Fed to delay rate rise

Asian stocks catch a lift from U.S., Europe; Nikkei soars

The Papers

FTSE MACD - a screaming buy?

Opening Market Summary

Interest rate rise: economic indicators mean hard choices for Fed

Ex-divs to take 6.5 points off FTSE 100 on Sept 10

Midday Market Summary

What the heck caused that spike on FTSE a minute ago????

Hi Klal - maybe ..



Any comment on post 6?

MacD? Last time I bought a burger there it was a good few years ago! :-)

Unfortunately, I'm a no-indicators man. At least not the lagging type.

:-)

Look at the chart and notice the similarity with last October - although less convincing with indexes, it looks (to me) compelling.

Some prefer the PPO (Percentage Price Oscillator) indicator which also looks good.

CAD Building Permits m/m -0.6% -4.7% 14.8%

Interest rate rise: turning point looms for US debt binge

Closing Market Summary