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

China announces major retaliation for US tariffs
China has said it will impose tariffs on 106 products originating from the US, according to an announcement on state television on Wednesday, in response to tariffs on Chinese imports outlined hours earlier by the Trump administration.
The new tariffs on soybeans, automobiles, and chemical products, reported by CCTV, roiled financial markets in Asia and Europe, with Hong Kong and German markets hit particularly hard. Soybeans also fell sharply in commodity trading.


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all indices smacked very hard with cash DOW dumping 400

in fact, DOWwas down about 600 a little earlier

were it not for DT's overweening egotism, one could be confident that the two sides will sort their differences to a greater or lesser extent, albeit behind the scenes, to allow both sides to soften their stances without losing face

-600

+500

Madness

-600

+500

Madness

+500 is misleading, though you're right insofar as DOW is currently only -35

INDICES
while there's been some very good money to be on these in the last couple of days, be aware that all 3 - FTSE, DAX, DOW - still have a fair bit of ground to recover before the current downward trend can be deemed broken

I am undecided if its a short squeeze.

Just got to keep Trump of Twitter.

people are waking up, to the fact that an all out trade war is most unlikely

trump needs to keep his gob shut for once while the "real people" talk behind the scenes to undo at least some of the damage

Dow had a wobble.

What a clown this guy is FFS. Just when you think it's safe to stop hiding behind the couch.......Trump comes out and threatens $100 billion additional China Tariffs.

Trump is the greatest trading instrument ever.

Insider info with Donald must be at a premium.

Presidential put is all that matters now.

Technical analysis fundamentals no longer apply.

Trump Twitter utterances are the new way forward.

the madman strikes again .... cash DOW down 300 and DAX down 130

sure glad i cashed in a DOW long last evening ..... but fall probably overdone as f/e markets have remained steady ....... re-opened at 24,214
..... banked with 45 point profit
now fingers crossed for NFP's and market open

Good for Trump.

US off down again.

Fed raises rates and trade war rhetoric.

Dow down spades

.

All gains on Dow lost in last two hours.

Crazy times on the markets

and all the way back up this morning

CHINESE IMPORT RELAXATION ETC
apparently the latest speech did not have much if anything new but probably lays the ground for defusing the threatened trade war, and just perhaps rather more in the longer term

who are likely to be the major beneficiaries?
seemingly, car manufacturers in the first instance
however, i think this will be the tip of the iceberg and base commodity producers will be in demand - eg KAZ (copper), GLEN (cobalt for batteries) and BLT (iron ore)

US down again today.

Mr T getting ready to rearrange the rubble in Syria.

Hopefully not.