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

FTSE
it certainly looks like a down day in prospect
from memory, 6120 is the key level here, and currently just hovering above it

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BB - Tucker's Grave is a very interesting and strange pub ...... there are only 10 of its kind left in the country ..... check it out on the web
most assuredly it's not a foody pub!

This market still seems to have momentum.

Get the feeling the Dow is going down and of course the FT "usually" follows, some bad news from Brazil was noted on the Radio about an hour ago did anyone else here about it as well.

Don't tell me , the Brazilians have set sail for Britain .

Info on Skinny's Day thread.

Out of my short for a small loss as I'm out again.

DOW
looks to be heading gently south, but the markets are all acting slightly oddly at the moment


S&P
watch for any break below 1970 (currently 1980)

Move hıgher has caught me out I must admıt.

Non Farm Payrolls out today, so staying out for now.

Figure of +195,000 expected.

i am lightening my portfolio b4 today's employment numbers
it's also the end of the week, and confess that i can make neither head nor tail of the current market gyrations

Was it all artificial & overreaction due to too much media coverage?
Maybe, there is something behind the ashes!!!

Metals, oil and banks are recovering gradually. Haven't jumped as much as they used to crash in a day though.......

Let's hope the NFP do not derail progress
2517

+242,000 jobs. NFP.

.

only 195k expected
does that mean US is suddenly getting lined up for another rise in interest rates?

So, we are not in recession!?

herewith ......

US job growth accelerates but wages disappoint
The US added significantly more jobs than expected at the start of the year, data released on Friday showed, adding to evidence that the world’s most important economy is weathering global growth headwinds.
The US economy added 242,000 jobs in February, a much swifter pace than the 195,000 Wall Street economists forecast. Meanwhile, the reading from January was also revised higher by 21,000 to 172,000. However, wages slipped 0.1 per cent on a month-on-month basis, compared to expectations of a 0.2 per cent rise.

It's seems the jobs data is boosted by low quality jobs in the leisure and hospitality sectors........so the figure is receiving mixed views.......thus, hold on your recession question!

sounds like a report on UK jobless :-)