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
skinny
- 31 Oct 2012 08:40
- 9315 of 21973
I've been looking for a DOW futures chart to post (if such a thing exists) without much success.
Toya
- 31 Oct 2012 08:41
- 9316 of 21973
That would be interesting SKinny!
cynic
- 31 Oct 2012 08:46
- 9317 of 21973
futures chart will be the same as the ordinary dow chart, so it will be a case of which theory you want to follow that will indicate top/bottom of the trading range or whatever
Shortie
- 31 Oct 2012 10:00
- 9318 of 21973
Shorting the DOW well Wall St DFT Sell 13168.0
Shortie
- 31 Oct 2012 10:45
- 9319 of 21973
Euro-Zone Unemployment Strikes Fresh Record
The number of people out of work in the euro zone climbed to another record high in September, underscoring the damage the region's long-running fiscal and borrowing crisis is having on the real economy as governments continue to cut spending to try to control their debts. Eurostat, the European Union's official statistics agency, said Wednesday that 18.49 million people were unemployed in the euro zone in September, after 146,000 more people lost their job. The total is the highest on record for the 17 nations that now use the euro, based on data going back to 1995. The rise put the jobless rate at 11.6% of the workforce, up from 11.5% and also the highest on record. Economists polled by Dow Jones Newswires had expected an 11.5% unemployment rate. The southern countries at the heart of the debt crisis reported the highest jobless rates, reflecting steep falls in economic activity as governments, consumers and businesses have all cut spending. Unemployment in Greece and Spain exceeds a quarter of those eligible to work, and accounts for more than half of the workforce aged under 25. For the euro zone as a whole, the youth unemployment rate climbed to 23.3%, another record. Eurostat also reported Wednesday a fall in the rate of growth in consumer prices that, if continued, could ease the strain on household incomes and make it easier for the European Central Bank to support the economy with further stimulus. The annual rate of consumer price inflation in the euro zone was 2.5% in October, a preliminary estimate from Eurostat showed, down from 2.6% in September and meeting economists' expectations. The inflation rate jumped to 2.6% in August due to an increase in energy prices.
Shortie
- 31 Oct 2012 10:51
- 9320 of 21973
Shortie
- 31 Oct 2012 11:01
- 9322 of 21973
Thanks Skinny I couldn't figure out how to display it, not very techey with things like this.. The above isn't a future chart, but I can get them also if anyone wants one and Skinny does the tech thing.
Shortie
- 31 Oct 2012 11:19
- 9323 of 21973
http://rt8.it-finance.com/FinSpreadsFlash/showimage.phtml?id=0fa60c97ea2d517e1f56fd1c5368d914e38b16c04d4bd2c58e63be67d5f4cfcd&type=png
Wall St Dec Future Chart, skinny if you wouldn't mind doing you thing please.
skinny
- 31 Oct 2012 11:20
- 9324 of 21973
Shortie
- 31 Oct 2012 11:33
- 9325 of 21973
http://rt8.it-finance.com/FinSpreadsFlash/showimage.phtml?id=c99c475f26255865639851405bcd555104de26f09b1c6fa02286f0acf34a482c&type=png
Apple March 13 Future chart..... have added trends and support/resistence
Shortie
- 31 Oct 2012 11:40
- 9327 of 21973
Explorer at the moment Skinny, the above should interest Cynic if he's still in AAPL
cynic
- 31 Oct 2012 11:44
- 9328 of 21973
yes i am, and keeping fingers crossed and sphincter clenched, though longer term prob unnecessary :-)
Shortie
- 31 Oct 2012 11:57
- 9329 of 21973
You've more confidence than I do on a AAPL long bet...
cynic
- 31 Oct 2012 12:27
- 9330 of 21973
pre-market agrees with you :-( ..... indicating down a further $7
skinny
- 31 Oct 2012 12:30
- 9331 of 21973
CAD GDP m/m -0.1% consensus 0.2% previous 0.2%
USD Employment Cost Index q/q 0.4% consensus 0.5% previous 0.5%
Toya
- 31 Oct 2012 12:31
- 9332 of 21973
One view, re the DOW, is that some analysts seem to be looking to this as "an opportunity for a sharp correction... maybe 5%" and then they'll be back on a bullish trail.
Shortie
- 31 Oct 2012 12:49
- 9333 of 21973
http://rt16.it-finance.com/FinSpreadsFlash/showimage.phtml?id=62f2348449082af6ed061e14692869500e82d9c6377095a79e91421a5d9519af&type=png
Testing upper resistance as the 30min chart shows, break below I think will come... fingers xxxxx...
Shortie
- 31 Oct 2012 12:55
- 9334 of 21973
Among the companies with shares expected to actively trade Wednesday when the U.S. stock market reopens following Hurricane Sandy are Anadarko Petroleum Corp. (APC)--which reported quarterly results during the market's two-day weather shutdown--and Opnet Technologies Inc. (OPNT). Without the burden of a hefty Deepwater Horizon settlement charge, Anadarko Petroleum Corp. (APC) swung to a third-quarter profit on higher volumes of oil sales and increased activity in U.S. shale formations. Last year's quarter included $4 billion Anadarko agreed to pay to BP PLC (BP, BP.LN) for security against certain claims relating to the 2010 Deepwater Horizon oil spill. Anadarko owned a 25% stake in the blown-out well that was operated by BP. Shares were up 1.7% to $67.65 in light premarket trade. Riverbed Technology Inc. (RVBD) agreed Monday to buy Opnet Technologies Inc. (OPNT) for about $1 billion in cash and stock as the network-appliance maker looks to extend its network performance-management business into the multibillion-dollar application performance-management market. Riverbed shares fell 10% to $20.30 in premarket trade, while Opnet shares surged 29% to $41.40, approaching the $43 a share offer price. UBS AG (UBS, UBSN.VX) confirmed Tuesday that it will cut risk-weighted assets by around 100 billion Swiss francs ($107 billion) by the end of 2017, eliminate about 10,000 jobs across the bank and reorganize its investment bank to deliver more products and services to ultra-wealthy clients at the private bank. The bank also said Tuesday that charges related to the moves, which come in response to a tougher regulatory and economic climate, helped push it into the red in the third quarter. U.S.-listed shares were up 14% to $14.99 in premarket trade. Watchlist Burger King Worldwide Inc. (BKW) said Monday its profit plunged in the latest quarter, but pointed to signs that its strategy to broaden its appeal beyond hungry young men is starting to pay off. In its first full quarter of results since a new ownership group took it public, Burger King reported an 83% decline in earnings, mainly because of restructuring costs and unfavorable changes in foreign-exchange rates. But the burger chain also said same-store sales rose 1.4%, beating analysts' expectations. PG&E Corp. (PCG) executives said Monday that the company wants to settle allegations stemming from a deadly 2010 gas-line explosion near San Francisco. The executives made the comments as the utility holding company posted improved quarterly earnings. The company reported a third-quarter profit of $364 million, up 79% from a year-earlier period that was weighed down by costs from the explosion. The blast caused a fire that killed eight people, injured several others and destroyed or damaged more than 100 homes and other properties. Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said late Friday that net profit fell 12% in the third quarter as higher domestic fuel prices failed to offset rising costs and continued heavy fuel imports. Net profits fell short of analysts' forecasts. Roma Financial Corp.'s (ROMA) board said it suspended the payment of quarterly dividends in light of proposed capital rules by the Federal Reserve that will affect the company's ability to pay dividends.