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 reckon its a short squeeze.

i did not say i expected the rally to have a long life
to be honest, i haven't a clue though i note GM have posted very strong figures this morning

Facebook reporting later....brace yourself!

reported last night!

Ah, must have been after US close. I missed it!
Shed loads of profit but slightly below expectations.

FB sp is up about 9%

AAPL results due tomorrow

FTSE 100 joins global recovery amid potential trade war breakthrough
A global recovery in stock markets continued this week amid hopes of a resolution to the ongoing trade war after US President Donald Trump claimed a 'great deal' with China could be on the cards.


for sure these trade tantrums will be resolved sooner or later, but certainly good news if sooner

BANK OF ENGLAND MAINTAINS BENCHMARK INTEREST RATE AT 0.75%

Will US Fed raise again in December as muted?

Hoping we get a few positive weeks into Christmas.

DOW currently down 460 to 25,535

May be not this week then

Write this week off

But it’s only Monday CD..at least wait till Wednesday which is sort of half time 😀

Have a look at the DOW.

Wow!

Not a good week again.

.

DOW looks to be heading for yet another hammering today

From the tv news / financial channels that I watch, I get the feeling that sentiment is starting to waver from the Bulls to the Bears. Nvidia, Apple and GM in the US have fallen heavily and the 'experts' are now talking about re-shuffling their portfolios into more defensive sectors.
Potentially higher interest rates might nudge sentiment a bit further into the defensive stocks.

DAX
just broken back north of 11,200
if it can hold then it's potentially quite important at least in the short term


FTSE
teasing to go above 7025
keep watching