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
- 23 Mar 2016 13:41
- 20482 of 21973
LOL!!! Good answer jimmy!
midknight
- 23 Mar 2016 15:37
- 20483 of 21973
cynic
- 23 Mar 2016 15:49
- 20484 of 21973
RBS or somesuch recommended to sell up early this year
jimmy b
- 23 Mar 2016 15:52
- 20485 of 21973
I have cut right back on trading shares in the last few months ,it's becoming too unpredictable .I am still trading but no where near as much .
cynic
- 23 Mar 2016 15:53
- 20486 of 21973
just maybe a clunking sell-off getting under way
dow is now down 80 though ftse only shelling 20
also, we have seen this on a few occasions recently, with a late recovery
HARRYCAT
- 23 Mar 2016 16:33
- 20487 of 21973
midknight.......the interesting thing about the graph on your link is that if you are an investor and can wait, the market has always come back, so a crash isn't the end of the world imo. It's certainly worth holding some cash for the bad times, but most of the reputable companies do survive.
cynic
- 23 Mar 2016 17:43
- 20488 of 21973
DOW
it recovered a lot but is now tottering back south - currently -40 - and dragging cash FTSE with it (-26 after hours) so worth keeping a weather eye during the evening if you are set up to do so
Chris Carson
- 24 Mar 2016 07:57
- 20489 of 21973
KISS mode today. Light volume due to Easter, markets tend to be volatile.
jimmy b
- 24 Mar 2016 08:19
- 20490 of 21973
Closed FTSE short for 30 pts.
cynic
- 24 Mar 2016 08:51
- 20491 of 21973
sure glad i sold over the last couple of weeks all bar a bare handful of stocks in my trading account
in my sipp, i have added no funds for about 2 months though i have switched one or two to more defensive holdings - eg BATS
whether chris is right that this is just pre-easter malaise, time will tell
Chris Carson
- 24 Mar 2016 08:54
- 20492 of 21973
I'm forecasting nowt cyners, merely pointing out markets may be volatile due to low volume.
cynic
- 24 Mar 2016 09:12
- 20493 of 21973
a politician's response :-)
jimmy b
- 24 Mar 2016 13:18
- 20494 of 21973
Closed my FTSE short too early ,however the last months it can't be trusted to do what you want.
KEAYDIAN
- 24 Mar 2016 17:29
- 20495 of 21973
6473 for April please...ops wrong thread
Claret Dragon
- 29 Mar 2016 09:26
- 20496 of 21973
FTSE 100 not moved much over past few sessıons.
cynic
- 29 Mar 2016 11:06
- 20497 of 21973
FTSE
just dipped below 6100 which has proved a decent support in recent weeks, but will it hold this time
S&P (cash)
now below 2040 so keep an eye on this too
cynic
- 29 Mar 2016 16:35
- 20498 of 21973
so then ....
FTSE
closed just below 6100 and to be honest, never looked like breaking back north of that for most of the day
DOW
was decisively below 17,500 but now hovering just below that, and looking disinclined to go north from there
S&P
not doing much, but stuck at 2035
depending on market sentiment o'night, further falls could be in the offing ...... which of course really means heading north :-)
cynic
- 29 Mar 2016 17:29
- 20499 of 21973
Yellen reiterates need for rates caution
Janet Yellen has reiterated the need for the Federal Reserve to "proceed cautiously" in lifting interest rates given unfavourable market conditions, weaker than expected overseas growth and an uncertain inflation outlook.
The Fed chair said recent declines in market expectations for interest-rate increases had helped cushion the US economy from adverse developments overseas, describing the moves as an “automatic stabilizer”.
But she stressed that the Fed has little scope to reverse course and stimulate the economy if the US unexpectedly hits the buffers, underlying the need for a gradual tightening of policy. She homed in on risks still stewing in China and the oil markets as she argued in a New York address for the central bank to move carefully as it considers when to lift rates again.
=========================
DOW
is up to 17,560 as a kneejerk reaction
GOLD
has perversely surged as well ........ all good logic innit :-)
Claret Dragon
- 30 Mar 2016 15:15
- 20500 of 21973
Dow gettıng wıthın strıkıng dıstance of last years hıgh. 2000 odd Poınt swıng ın 6 weeks!!!!
cynic
- 30 Mar 2016 15:18
- 20501 of 21973
absolutely bonkers, but wtfdik