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

from one of my non-partisan trade sources .......

Saudi To Continue Producing Full Throttle
What the change probably means, then, is that Saudi will continue producing at near-record levels. Bloomberg cited analysts from Emirates NBD PJSC and Qamar Energy as saying Sunday that Saudi could even exceed its record production of 10.5 M/bpd if it produces more to meet a seasonal rise in domestic demand this summer. Saudi's April production stood at 10.27 M/bpd.

ft fallen 50 odd pts.. what's happened to cause that?

no idea, any more than why it shot up o'night

Dow futures still little changed.

Plunge protection team were activated last Friday in US rumour has it.

Who are they and what might that mean then?

Try to prevent huge moves to the downside. Who they are is a good guess.

Thanks CD.

Gold up a bit as the ft loses a bit on ex divi day.

GOLD
no need to rush now until $1280 is breached - or not as the case may be
currently $1278

Yesterdays gains gone today in US.

may be worth shorting DAX o'night

No direction at the mo.

took a small turn on DAX ..... perfectly happy with that, as it's an index i haven't traded before

My short is up.. just, stick or sell that is the question.

unless i am much mistaken, all main indices are now heading south, though there was an attempt at quite a sharp rally across the board earier ..... this has now all fallen away

if FTSE falls below 6,100 tomorrow, then it could become a race for the hills
DAX has already fallen below the important 9,900 level
DOW is toying with the idea of falling through 17,630
S&P is currently 2,058 ...... i think 2,045 is the important level for that

.

Sell ın May has so far been the rıght call. How much lower ıs the questıon

Some support here?

Well it's certainly not going north to often these days.