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

OPINION FOLLOWING JY'S SPEECH
The general takeaway is that a September rate hike is still unlikely, but the US Federal Reserve (Fed) would like to see the markets fully pricing in a December rate hike so it can come to pass with minimal fanfare.

On the back of that, it is predicted that gold will strengthen in the short term, so worth watching all of the gold miners / producers.

DOLLAR EARNERS
to state the obvious .....
quality companies that earn (predominantly) in $ must be the surefire winners in the coming weeks

for myself, i hold BLT, AAL, AMZN, GOOGL, RDSB, BATS and IMPS
i also hold a few HOC

Slowly pulling back from highs in US.

Markets got some movement at last.

Labour Day in the US on Monday, so hopefully Tues, when hols over, should see the start of better volumes and price movement.

Non Farm Payroll figures later today.

FTSE 100 taken off today.

HANJIN SHIPPING COLLAPSES
this came out a few days ago but you chaps may have missed it as it's not your area
hanjin is or was about 7th largest freight shipping line
its collapse is important as it underlines what i have been saying for many months ..... world economies are in shit

US still hovering around near all time highs. No sign of a sell off yet.

worth noting that FTSE, DOW and DAX are all showing considerable resilience
all were down quite a chunk after super mario's speech, but have now recovered above quite important support levels

Resorting to quick 20 or 30 minute forays. Still waiting for the big red daily candle to turn up.

Sell off underway.

but could you react fast enough?

Possible support here, but don't hold your breath.

DAX at 10,500 may be worth a punt .... currently 10556
and if memory serves me aright
DOW at 18,250 ...... currently 18,298

.

i guess the markets took fright because (a) it's friday and (b) one of the fed members said a rate rise could be justified

my guess is that there'll be no rise this month, and possibly not until after the presidential farces (perhaps i mean faeces)

Comment on CNBC today predicting a 6-10% downward correction on the DOW, assuming a FED interest rate increase this autumn. It seems the market wants to price in a rate increase before it happens, rather than react to the FED decision.