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

sharp turnaround at dow towards the death, so it has finished nicely back above 13300

Indeed cynic coming back to test 50DMA fingers crossed.

Anyone know anything about Texas Instruments and Yahoo results yet? - They were due to be published after the Bell, i.e. now

1.09 consensus 1.08 better than feared for Yahoo

EPS 0.35 Est. 0.25

Thanks Chris

Texas 3.39 vs 3.34
EPS 0.45 0.46 Est

635 stop loss set for aapl.

twitchy innit especially for dow, but am glad that obama seemingly smacked walter mitty romney last night

Having watched a lot of it, I'm not sure 'smacked' is the right term - Obama probably edged it - but Romney was more controlled than he has been previously.

Reuters Today: Polls say Obama, Romney now tied (4:00)

GBP BBA Mortgage Approvals 31.2K consensus 30.9K pevious 30.7K

No point watching profits being erroded like you always point out Cynic, twitchy yes a little plus I'm looking at Bunzl at the moment for a potential play. Aggreko and Bunzl both on downgrade as not much love for support services at the moment, the wagons rolling so I'm looking to jump on.

Apple's share price rises ahead of iPad mini launch

Apple is expected to launch a scaled-down version of its iPad device on Tuesday, as it attempts to fend off rivals and persuade devotees to part with even more of their money.

skinny - straw poll i read indicated 53% pro obama, but of course it's the real farce to follow that will dictate ..... uk election politics looks supremely intelligent compared to those in usa


shortie - if your aapl stop is indeed at 635, i am quite surprised your position is still running as i see aapl closed at 634.03 so perhaps was higher afterwards

Should sell as soon as the market opens, order placed this morning. With GE and McDonalds missing revenue and earnings I thought yesterday would have been more negative.

I'm trying also to keep one eye on the Yen, BoJ considers further monetary policy? So I'm waiting for this as a further short position along with the Euro. Regional elections in Galicia and the Basque country are due at the weakend and results could impact the timing of a Spanish bailout request.

Shrtie,
I think you are looking at too much details, maybe loosing the full picture.

Ah ????

looking very nasty indeed ...... so much for half expecting a decent week!

Although I still expect thursday to be a decent day (FTSE), it looks as though we will just recover lost ground, rather than surging forward, which is a bit of a drag! Are we expecting an Obama bounce, assuming he stays in, or a Romney reaction up or down? Back to the Doves & Hawks as far as those two are concerned!