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

Fed up rates yesterday. More to come?

Getting frustrated here. Just bought some more FTSE. Retail sales figures were good but even that didn't help.

BOE decision coming up soon but they aren't going to move rates and I can't see anything other than a 9-0 vote.

Hopefully Mr Carney will have some helpful words for the market.

7-2 to hold. Hey what do I know.


Market not interested though. (yet)

I do not understand initial cable move

This is one reason for the sell off.

President Donald Trump will announce tariffs on Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology and likely to trigger retaliation from Beijing and stoke fears of a global trade war.

markets look to be capitulating
not a happy sight

if we're lucky, we may just see a bounce on DAX from the current level (12,025)which would imply a bounce on DOW ..... neither looks a certainty to put it mildly

Lost 700 points since the spike yesterday.

Trump is expected to announce tariffs on Chinese imports at 12:30 p.m. ET and is reigniting fears of a trade war between the world's two largest economies.

Trump to impose tariffs on $50bn of imports from China

The Trump administration plans to impose new tariffs on $50bn in annual imports from China, targeting products such as robots and high-speed trains as it also ramps up efforts to block Chinese investment in strategic sectors.
In what White House officials on Thursday billed as a historic move against Chinese “economic aggression”, President Donald Trump was set to order US officials to levy tariffs against China in response to a finding that Beijing has for decades pursued a strategy of unfairly acquiring US intellectual property.

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for a change, i actually agree with that move
the chinese are totally unscrupulous, as anyone in business will know

I agree capitulation here in the UK, but not so sure about US.

Trying to decide what to chuck the proceeds from ALD takeover on. Hmmm

really?
DOW now down 420 at 24,260

bloody hell - DOW -720 at 23,950

I was about to say the same thing.......Bloody Hell.
Trade war looming?

hmm. Bought some more FTSE at 6877. I would prefer that we don't fall much further now.

I am pretty uncomfortable with this trade. I'm not sure what will stop the Dow falling further and how that will cascade onto all other markets

As i feared. The Trump bump now turned into the Trump dump.

Looked pleased with himself yesterday.

Capitulated my long last night. A bit frustrating but no damage done as stakes low.

i have been exceedingly fortunate these last few days in managing to trade DOW profitably every time ..... i could easily have made some serious errors, and indeed, i note as i write that DOW is now down a further 450 at 23,500

i don't know what sparked the sudden reversal of fortunes in cash DOW over the w/e, but sadly and yet again, no reciprocal action by either FTSE or DAX

FTSE has come back 100 pts since Dow low on Friday?

This is ridiculous. what this time?