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
cynic
- 17 Apr 2016 19:58
- 20551 of 21973
not up with the news, but both sunday dow and sunday ftse are down sharply - 75 and 45 respectively
normally there is little movement either way
Chris Carson
- 17 Apr 2016 21:17
- 20552 of 21973
Doha - no agreement.
Stan
- 17 Apr 2016 23:16
- 20553 of 21973
No agreement means uncertainty which the market doesn't like, and we all no what that means don't we.. another down day at least to KO with.
Claret Dragon
- 18 Apr 2016 05:53
- 20554 of 21973
Gaps down.
Stan
- 18 Apr 2016 08:12
- 20555 of 21973
Opened down 60 but suspect more to fall.
cynic
- 18 Apr 2016 13:58
- 20556 of 21973
london residential
this almost certainly applies to most regions across the country, though inevitably SE will be worst hit
market reports are that completed sales have virtually dried up completely as people hold off or withdraw offers until the result of the referendum is known
it follows that if the result is "stay" as is surely 95% certain (not my vote!), then estate agents from FOXT to SVS must surely be likely to surge
cynic
- 18 Apr 2016 16:11
- 20557 of 21973
DOW
i really do not know why the sharp recovery - currently +65 at 17963 after -115 at 17775 - but this is now close to an established resistance
if you're brave enough, perhaps a chance to short for a quick profit
Stan
- 18 Apr 2016 21:54
- 20558 of 21973
I expect someone over there has spotted Elvis again.. a good enough excuse for an up day as any I suppose.
Claret Dragon
- 19 Apr 2016 06:17
- 20559 of 21973
18000
2% from all tıme hıgh.
cynic
- 19 Apr 2016 12:55
- 20560 of 21973
the markets say otherwise, but pundits for some time have been saying along the lines of the following ......
Time to ‘Sell in May’ as Brexit looms and storm clouds gather over FTSE 100
Investors are best advised to keep their cash in the market for the long term as the bulk of returns come from dividend income reinvested.
However the advice from The Telegraph today as Quester Editor John Ficenic is that this summer you should sell in May as Brexit risk looms and the credit cycle turns.
The old adage goes that investors should “Sell in May and go away; don’t come back till St Ledger’s Day” to avoid the turbulent summer trading when volumes are low and negative news can result in a wild moves.
This year should be an absolute corker because just as bankers head for the beach, the UK will go to the polls to decide whether to stay in Europe. The International Monetary Fund has said a vote to leave could pose a threat to the global economy.
The FTSE 100 has struggled to make any headway this year inching ahead just 1pc, and is still down 10pc from an all-time high of 7,104 last year.
The “price to earnings ratio” or P/E – a popular way of measuring relative valuation in stock markets – now stands at 17 times. The long run average P/E for the FTSE 100 is 15. So, shares are already looking expensive and don’t price in the risk.
Chris Carson
- 19 Apr 2016 13:15
- 20561 of 21973
Gold testing 1250 again.
Claret Dragon
- 20 Apr 2016 10:49
- 20562 of 21973
Almost there for a new hıgh on the Dow. An amazıng turnaround sınce Feb 11th.
jimmy b
- 20 Apr 2016 10:55
- 20563 of 21973
Can't keep going like this can it ?
cynic
- 20 Apr 2016 11:11
- 20564 of 21973
.
cynic
- 20 Apr 2016 11:11
- 20565 of 21973
DEFYING GRAVITY
everything still feels wrong with these markets
i don't think there's a pundit anywhere who disagrees but for now the markets have blinkers
i am virtually out of trading stocks and my sipp now has a good proportion of high quality, high yield stocks - eg BATS, IMPS and BVS
though the markets continue their merry way, i want to sleep at night!
HARRYCAT
- 20 Apr 2016 11:20
- 20566 of 21973
Yes, I agree, though I still think it's worth being in a few stocks (Gold, diamonds, miners) as they are still going up. The nearer we get to May/June I will try and reduce my risk (Low Beta stocks).
Stan
- 20 Apr 2016 13:05
- 20567 of 21973
I also agree, nothing much except daily bad news and the market go's up. Reckon they are trying to suck people in the market only for it to drop like a stone around May time and the rest of the summer.
jimmy b
- 20 Apr 2016 16:27
- 20568 of 21973
I think the DOW/FTSE is a short for May June ,if it doesn't take you out first on the way up .
cynic
- 20 Apr 2016 16:33
- 20569 of 21973
everything says it should be, but that has so for at least the last month or so
i think when it falls, it will do so sharply and with virtually no warning
FTSE must be the better bet to short if only because of the referendum, but best closed before the day for obvious reasons
==============
as an observation ......
in recent weeks, any sharp fall has seen an almost instant recovery, DOW being the easiest example
unless i'm much mistaken, that has given rise to higher lows and higher highs, which is always bullish ..... or at least it is until sentiment turns
Stan
- 20 Apr 2016 16:49
- 20570 of 21973
...Exciting isn't it?