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
Claret Dragon
- 22 Mar 2018 12:34
- 21736 of 21973
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.
cynic
- 22 Mar 2018 14:57
- 21737 of 21973
markets look to be capitulating
not a happy sight
cynic
- 22 Mar 2018 15:47
- 21738 of 21973
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
Claret Dragon
- 22 Mar 2018 16:07
- 21739 of 21973
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.
cynic
- 22 Mar 2018 16:26
- 21740 of 21973
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.
===========
for a change, i actually agree with that move
the chinese are totally unscrupulous, as anyone in business will know
CC
- 22 Mar 2018 16:54
- 21741 of 21973
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
cynic
- 22 Mar 2018 17:05
- 21742 of 21973
really?
DOW now down 420 at 24,260
cynic
- 22 Mar 2018 19:49
- 21743 of 21973
bloody hell - DOW -720 at 23,950
HARRYCAT
- 22 Mar 2018 21:51
- 21744 of 21973
I was about to say the same thing.......Bloody Hell.
Trade war looming?
HARRYCAT
- 22 Mar 2018 21:52
- 21745 of 21973
CC
- 22 Mar 2018 22:59
- 21746 of 21973
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
Claret Dragon
- 23 Mar 2018 05:33
- 21747 of 21973
As i feared. The Trump bump now turned into the Trump dump.
Looked pleased with himself yesterday.
CC
- 23 Mar 2018 07:40
- 21748 of 21973
Capitulated my long last night. A bit frustrating but no damage done as stakes low.
cynic
- 24 Mar 2018 11:22
- 21749 of 21973
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
cynic
- 26 Mar 2018 10:34
- 21750 of 21973
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
CC
- 26 Mar 2018 10:52
- 21751 of 21973
FTSE has come back 100 pts since Dow low on Friday?
CC
- 27 Mar 2018 21:20
- 21752 of 21973
This is ridiculous. what this time?
cynic
- 28 Mar 2018 09:49
- 21753 of 21973
DAX
at a technical support level (11,785) but it takes a brave man to back that - and i'm not!
cynic
- 28 Mar 2018 15:37
- 21754 of 21973
DOW all over the place again, but not sure i have the patience to "play" today
Claret Dragon
- 29 Mar 2018 08:19
- 21755 of 21973
First qtr has shaken a few trees.