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

i've never seen he likes of this
DOW down over 1,300 points!

an awful lot of people are going to be wiped out overnight
thank goodness my trading account has been kept small for the last year

US 10 year treasury yield approaching 3%

unreal

unreal

this is totally unbelievable ......
less than a minute ago, DOW was down 1,700 and has recovered to down ONLY 1050

don't even think for a millisecond of trying to trade this!
it could finish absolutely anywhere

madness

I wonder if this is the beginning of the rout that Tim Rice has been predicting for so long?

i thought he collaborated on the rocky horror show, but unfortunately not so :-)

CNBC crew reckon exactly the same happened in Jan/Feb 2016. Obviously the traders had a pretty worrying time, but if investors sat tight then it all came good again.

madness.

This is not good. FTSE 100 AT 7100

Largest ever points drop in a day on the Dow. Obviously not in percentage terms.

I now have 5 longs on FTSE lowest at 7035. Average 7195.

FTSE currently being called to open at 7030 but I'm struggling to see that as oil and cable have hardly moved so heavyweights RDSB and BP. will hardly move too.

This would imply a 300pt fall on FTSE and most of that fall coming from the rest of FTSE. i.e. the whole of the rest of FTSE 5%.

Dow all time high = 26450. Fall about 2450 pts = 9% but that's a fraction of it's total move over the last year.

Fall on FTSE to 7030 would take us back to approx Jan and March this year. I suppose that is possible, but doesn't stack up with share price of RDSB, BP. and likely price of HSBA.


Think it likely/possible Dow will not rise much from here for months, or even fall but surely dividend yield in UK will support FTSE.

I don't know. Not so concerned about my FTSE long. It will be interesting to see what actually happens tomorrow and what price the buyers will come in.

I expect some of the algo's will be stopped out tomorrow which may cause some mayhem for a while

Around the 23500 level is the expected support for the DOW. It appears most of today's movement was due to retail investors, not institutions, but still heavy selling after the close.

CC, most of the Asian market futures are in the red.

Well going to call it a night. No point in watching it.

Regrettably long term I'm 100% invested although about 8% of it is on ALD which is subject to takeover so I could sell that as it will open tomorrow at the same price as today.

I'm not sure how Brexit is going to go this week. Can't see leaving the customs union being good for stocks but I assume that is in the price now.

Turnaround Tuesday!!!!

Main thing is not to panic, a good many of us have seen large sell offs in past years, and at much lower levels than these, so markets will bottom somewhere, and buyers will come back.

There is still much to be concerned about of course, Brexit, Italy, Interest rates and inflation but there was much to worry about in the past yet stock markets around the world have recently been hitting all time highs.

Thankfully i'm out sold my last stock TLW a few weeks ago ,for once i'm not left holding the baby. See where this settles won't jump back in too soon.

Just a thought. Has Crypto carnage spilled over to Stock market to cover losses?