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
Toya
- 20 Nov 2012 20:05
- 9713 of 21973
It looks like the DOW is heading for a positive finish now Cynic - so you'll be in profit again in any case
skinny
- 21 Nov 2012 09:38
- 9714 of 21973
GBP Public Sector Net Borrowing 6.5B consensus 4.1B previous 9.9B
skinny
- 21 Nov 2012 13:30
- 9715 of 21973
USD Unemployment Claims 410k consensus 415K previous 439K
skinny
- 21 Nov 2012 14:00
- 9716 of 21973
USD Flash Manufacturing PMI 52.4 consensus 51.2 previous 51.0
skinny
- 21 Nov 2012 14:58
- 9717 of 21973
USD Revised UoM Consumer Sentiment 82.7 consensus 84.3 previous 84.9
Rocky
- 21 Nov 2012 14:59
- 9718 of 21973
Quiet here today, Skinny.
skinny
- 21 Nov 2012 15:05
- 9719 of 21973
It certainly is.
Shortie
- 21 Nov 2012 15:21
- 9720 of 21973
Slow markets, the Yen currently has my attention.
Toya
- 21 Nov 2012 15:55
- 9721 of 21973
The world grinds to a halt when the US goes on holiday: Thanksgiving tomorrow
Stan
- 21 Nov 2012 16:07
- 9722 of 21973
Yes and shortened trading day on Friday.
Toya
- 21 Nov 2012 16:21
- 9723 of 21973
I'd have got it all wrong today if I'd been trading - wouldn't have expected the FTSE to climb to current level today
skinny
- 21 Nov 2012 16:30
- 9725 of 21973
Any views on the DOW, RSI ticking up.
Toya
- 21 Nov 2012 17:06
- 9726 of 21973
I reckon HP got such a whacking yesterday that it will likely drift up today - not that I trade individual US shares; just an observation.
As for the DOW... I get it wrong about as often as right. Today I would have thought it wouldn't travel very far, with the big holiday tomorrow - fwiw
skinny
- 21 Nov 2012 17:09
- 9727 of 21973
I think the pub maybe the better option this evening!
Toya
- 21 Nov 2012 17:12
- 9728 of 21973
Definitely Skinny! I'm off to Zumba first though
cynic
- 21 Nov 2012 17:37
- 9729 of 21973
is that some tribal african dance?
skinny
- 22 Nov 2012 08:04
- 9730 of 21973
French Flash Manufacturing PMI 44.7 consensus 44.1 previous 43.7
French Flash Services PMI 46.1 consensus 45.3 previous 44.6
Toya
- 22 Nov 2012 08:12
- 9731 of 21973
From Reuters:
'European shares advanced for a fourth straight session to touch a one-week high on Thursday, with encouraging data from China, showing further signs of recovery in the world's second-biggest economy, boosting sentiment.
'The China HSBC Flash Manufacturing Purchasing Managers Index, which largely reflects the private manufacturing sector, hit a 13-month high of 50.4 in November. It followed data on Wednesday showing U.S. manufacturing picked up at its quickest pace in five months in November. "There have been a lot of concerns regarding the outlook for global growth. In this context, any improvement in Chinese data is welcome, given that investors are still risk averse, which is reflected in valuations," Robert Parkes, equity strategist, HSBC Securities.'
skinny
- 22 Nov 2012 08:32
- 9732 of 21973
German Flash Manufacturing PMI 46.8 consensus 45.9 previous 46.0
German Flash Services PMI 48.0 consensus 48.5 previous 48.4