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
Sequestor
- 24 Apr 2017 09:46
- 21357 of 21973
OR
FTSE flies higher on France vote result relief
hahahahahahahah
cynic
- 24 Apr 2017 15:25
- 21358 of 21973
EUPHORIA
markets are very unpredictable and that needs to be borne in mind
it is by no mean certain that macron will indeed be the next french president, though i accept it is the most likely result
even then, there will be all sorts of horse trading to determine who will be the next pm and what coalition will emerge to run the country
cynic
- 25 Apr 2017 17:20
- 21359 of 21973
DOW
all-time closing high is 21,095 and now only 80/90 points below that
pays yer money, takes yer choice
cynic
- 28 Apr 2017 08:29
- 21360 of 21973
looks like another boring day as we head into w/e
happy to see both DOW and DAX dropping, though i'ld like to see DAX more enthusiastic in that respect
cynic
- 01 May 2017 08:56
- 21361 of 21973
DOW
to reduce epxosure, just closed a small short position at an acceptable profit
cynic
- 01 May 2017 16:53
- 21362 of 21973
DOW
gone long at 20,949, partly because i think there may some natural upside following the approval of the budget, but also a decent refuge of Europe strarts to go sour once more
Chris Carson
- 03 May 2017 16:58
- 21363 of 21973
Chris Carson
- 03 May 2017 16:59
- 21364 of 21973
Chris Carson
- 03 May 2017 17:01
- 21365 of 21973
cynic
- 03 May 2017 17:09
- 21366 of 21973
good comments chris!
cynic
- 04 May 2017 10:51
- 21367 of 21973
bit the bullet om 2/3 of my DAX short so am now now modestly long overall there and also modestly long DOW
cynic
- 04 May 2017 17:14
- 21368 of 21973
DOW all over the place perhaps due to weak crude, but no real idea
cynic
- 05 May 2017 07:56
- 21369 of 21973
fall in crude has really put the jitters on the markets
the apparent logic is that it indicates continuing worldwide economic weakness
if that is the case, it is even less clear why oceanfreight rates should be so strong
i know £ is clawing its way back to 1.30:$ but that scarcely indicates $ weakness, and indeed € is only just about back to 1.10
2/3 years ago € was at 1.35/1.40
cynic
- 05 May 2017 13:38
- 21370 of 21973
very strong payroll numbers in USA (+211,000) which the market seems to like quite a lot
jimmy b
- 05 May 2017 14:27
- 21371 of 21973
Really ? wall st's down ..
cynic
- 05 May 2017 15:12
- 21372 of 21973
only a tad after a rather chunky cash opening this morning, but Dax up very nicely :-)
HARRYCAT
- 08 May 2017 07:19
- 21373 of 21973
DAX & CAC futures showing positive on the back of Macron win. Seems Europe is breathing a sigh of relief!
Stan
- 08 May 2017 07:23
- 21374 of 21973
Yes looking like an up day.
cynic
- 08 May 2017 08:21
- 21375 of 21973
immediately after the news, the sunday indices were up hugely
the markets now realise not a great deal has changed
cynic
- 09 May 2017 10:03
- 21376 of 21973
DAX remains amazingly strong, yet there are still the french parliamentary elections to come (as well as in uk of course)
it will be very unsettling to say the least if FN (le pen) has a strong showing and gets more seats than say lib/dems (or ukip!!) in uk
=====================
for myself, and i may have traded in/out once or twice since 4th, i am currently modestly (as always!) long DOW, and that is nicely in the money, and modestly short DAX from previously, but of course that is currently nursing a loss