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

what time is Fed due to announce the rate increase, and more importantly, indications of when future rises might follow?

my guess is 19:00 uk time

Yes, that's right 19:00.

as always, markets are bonkers

i can understand why the markets would be unaffected by the long predicted rise of 1/4%, but with the announcement that there were likely to be a further 3 rises in 2017, one would have thought a sharp reversal would have been a certainty ...... WRONG!!!

It's coming ,the DOW won't keep climbing like this.

said jack of the beanstalk :-)

Trying another short DOW 19940

FTSE lower on US interest rate hike

FTSE 100 : 7009.07 59.88 (0.86%) @16:21:40

hi jimmy .... at least this latest is currently 20 points to the good

Closed last eve at around 7 pm , that more than covered my stop out of a couple of weeks ago .
I think It's worth another short if it's up again today.

DOW 20000 before weeks out !!

Madness ...

Wait for the big reversal .

not looking that way, but nor can i be persuaded to buy into this
i agree it's madness, but it can run that way for rather a long time - as is now being shown

The pullback could be worth a punt but when ?

pull out your entrails and inspect them :-)

Anyone got a pin :0)

It's coming ,trust me !

i must be in the wrong time warp or something, as i continue to see nothing but gloom and doom ahead, though the markets tell me completely the opposite

as a result, i am effectively trading nothing though my sipp remains fully invested across a wide spectrum, including direct US exposure through AMZN, AAPL and GOOG

a sharp about-turn for GOLD sees it suddenly +$10.00 at $1161
all probably in response to the sudden collapse of DOW, though why that should be i also do not know

Hope you had a good xmas cynic , ,i'm short DOW again and i'm staying in .