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

New highs on all four Indices in US. First time since 1999

UK below 1999 High :(

.

Still going up in US

News
FTSE seen cautious ahead of Autumn Statement
--------
UP 50 PTS

hahahahahahahah

i wonder if it will be a case of sell on the news
markets generally are very strange at the moment ..... who would have expected Dow to be in record territory or indeed have been in uninterrupted upward mood since that awful man got elected?

I reckon on a few more points North on Dow this week into Thanksgiving.

that's tomorrow!
looks like a full day's trading on wall street today, closed tomorrow adn half day on friday

I went short DOW last night ,lets see if it pays off.

chuckle
it depends at what level
its headlong rush north must surely have at least a breather soon

Well i'm slightly down at the moment but fortune favours the brave.

My short not doing well at the moment.

I have had a dabble short. Not working out on Dow. Could be no stopping the upward path now!!!

Can't keep going up forever Claret ..

hard to know CD .... don't forget DOW is closed today and only half day tomorrow

If peeps are selling their bonds maybe the proceeds will find it's way into equities.

always easy to rationalise whichever way the markets are going

=============

just clicked ......
early reports on black friday trading must be showing up very positive
mind you that makes the rate rise even more certain
i wonder if the markets have forgotten that

Dow, S&P close at records; U.S. yields, dollar at multi-year highs
--------------------------------

NEW YORK (Reuters) - The Dow Jones industrial average and S&P 500 ended at record highs for a third straight day on Wednesday, while U.S. two-year Treasury yields and the dollar hit multi-year peaks after upbeat U.S. economic data reinforced expectations for interest rate hikes.

Gains in industrial stocks helped the U.S. indexes, with the S&P 500 industrial sector <.SPLRCI> ending up 0.8 percent. The S&P's gains were meagre, while the Nasdaq slipped after a drop in tech heavyweights ahead of the Thanksgiving Day holiday on Thursday and an early market close on Black Friday. A 10.5 percent drop in Eli Lilly & Co also weighed on the S&P.

The Nasdaq had touched record closing and intraday highs over the past two days. Expectations that markets would benefit from U.S. President-elect Donald Trump's policies have helped boost shares.

European shares steadied, with basic resources companies underpinning the broader market following a rise in metals prices. The European basic resources index <.SXPP> ended 1.2 percent firmer after hitting its highest level since mid-2015.

U.S. two-year Treasury note yields rose to a 6-1/2 year high of 1.151 percent, while benchmark 10-year notes hit 2.417 percent, the highest since July 2015. The peaks were touched after data showed that U.S. manufactured capital goods rebounded in October, boosting expectations for faster economic growth.

"Today is the beginning of the holiday, so many people have left or are on their way," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York. "You could continue to see a little bit an overreaction either way. ... But I think next week ... I wouldn't be surprised to see the market back off."

Sticking with my DOW short for now.

eventually there has to be a reaction ..... mustn't there?