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
CC
- 01 Mar 2018 19:44
- 21686 of 21973
Time for a rally? Added to my long FTSE position
Chris Carson
- 02 Mar 2018 09:05
- 21687 of 21973
CC
- 02 Mar 2018 11:28
- 21688 of 21973
Waiting for Theresa May I guess, although everything she's gong to say has probably already been leaked
cynic
- 02 Mar 2018 11:32
- 21689 of 21973
whatever TM says will not affect the market(s)
the market(s) are beginning to feel bearish - ie good news is ignored and the bad causes a bad reaction - and DT's crap yesterday about imposing 25% steel tariffs will have far-reaching consequences if enacted
HARRYCAT
- 02 Mar 2018 11:45
- 21690 of 21973
No one seems too worried....yet.... about Putin's assertion that he has an arsenal of ICBM's which can reach anywhere on the globe at speeds which render intercept missiles useless! I wonder if DT will rattle a few sabres in response?
I agree, sentiment is starting to change, which makes sense if interest rates start to rise and equities become less attractive.
cynic
- 02 Mar 2018 11:51
- 21691 of 21973
on the other hand, interest rates rise when the economy is strong, so it's a matter of sentiment and perception
for the brave, it may be worth keeping an eye on DAX (and DOW), for even in bear markets, nothing goesdown in a straight line .... certainly DAX is close to a potential suppport at 12,900
Chris Carson
- 02 Mar 2018 11:53
- 21692 of 21973
Claret Dragon
- 02 Mar 2018 12:57
- 21693 of 21973
Not looking too good again going into weekend.
cynic
- 02 Mar 2018 14:17
- 21694 of 21973
On Friday, Trump escalated concerns about a full-blown trade fight by tweeting "trade wars are good, and easy to win."
so now you know why DOW is going to head heavily south once more
what can you do with this man?????
he really is a total liability
cynic
- 05 Mar 2018 14:24
- 21695 of 21973
madman dt upsetting the market once again with his threats and promises of import tarriffs on steel and cars and, by the bye, making life difficult for britsh airways and virgin after brexit
CC
- 06 Mar 2018 08:32
- 21696 of 21973
I no longer know what to do! Making money on the index due to the swings but am starting to feel very nervous about holding positions.
Still long FTSE but have closed some from lower down for a profit. At the moment minded to close once I have a small profit on the rest rather than hold out for a big move up.
cynic
- 06 Mar 2018 16:32
- 21697 of 21973
DOW - have opened a small short, but may well close that later
Claret Dragon
- 07 Mar 2018 04:53
- 21698 of 21973
US Markets gapped lower.
Mr T advisor on his toes.
CC
- 07 Mar 2018 07:52
- 21699 of 21973
Hope you cleaned up Cynic.
I looked at my phone last night at around 12:30 and was shocked to see Dow smashed to pieces.
Took a FTSE long at 7079 which doesn't look so shabby right now.
cynic
- 07 Mar 2018 08:23
- 21700 of 21973
it was fortunate that i did not close that short until about 07:30 this morning
at least that nice gain helps offset some of the pain from my volatile stock holdings
my view is that very sharp overnight fall on DOW is heavily overdone
if i have read it correctly, it is primarily because of cohn's protest resignation as dt's senior economic advisor
it remains to see whether or not these threatened, lunatic, penal trade tariffs will actually be enacted
i'm not sure whether one house or another can block them, for most sane legislators will be fully aware of the potentially severe consequences
CC
- 07 Mar 2018 08:32
- 21701 of 21973
I've close my long from the early hours for 55pts. Still got one from 7188 which I'll continue to run..
My perception is that the European markets are a bit fed up with the US volatility and are starting to find a base.
cynic
- 07 Mar 2018 08:37
- 21702 of 21973
europe has its own serious problems - aka brexit negotiations
Fred1new
- 07 Mar 2018 14:27
- 21703 of 21973
Nothing compared with the UK.
Apologies wrong Fred.
8-)
cynic
- 07 Mar 2018 17:09
- 21704 of 21973
what's the madman done this afternoon that has collapsed DOW once more?
Fred1new
- 07 Mar 2018 17:50
- 21705 of 21973
Breathed!