Martini
- 09 Jun 2004 21:15
Martini
- 09 Jun 2004 21:16
- 2 of 88
The Markets gave some back Wednesday with the Nasdaq closing down sharply back below the 2000 mark at 1992 losing 32 on the day. This does not bode well for UK techs.
The UK highlight for Thursday will be the rate decision by the Monitory Policy Committee at 11pm. Most expect a rise of .25%, which I would suggest, is already in the Market but will they surprise?
However with the long US weekend coming up with the US Markets closed Friday for Ronald Reagan's Funeral other than some positioning, which may well have been going on today I doubt the Markets will deliver much in the way of action.
Having stuck my head above the parapets in saying that all hell will break out tomorrow!
Good Hunting
Headless of Oxon
Bullshare
- 10 Jun 2004 06:06
- 3 of 88
Morning all. Gold got thwacked last night, gold for August delivery closed at 385.20 usd an ounce on the New York Mercantile Exchange, down 6.60 usd. That's the lowest closing level for some weeks and interest rates. Looks like the Miners are in for a rough day. Other precious metals also got hit.
Jammie
- 10 Jun 2004 06:26
- 4 of 88
How can I find out which companies are going ex-dividend today/tomorrow/next week?
TIA
ThePlayboy
- 10 Jun 2004 07:17
- 5 of 88
THU FTSE PP
r2 4527
r1 4508
pp 4495
s1 4476
s2 4462
Ftse closed below its pivot on Wed but gained 5.8pts in the auction, break of the uptrend today at 4500 rolling over, dow has put its head above 10400, only a close sub 10380 will result in possible weakness creeping in imho! Watch the daily pivot for a breakout of the downtrend off the wed high if cont strength does continue!
ThePlayboy
- 10 Jun 2004 07:17
- 6 of 88
Updated 6/9 for Thursday's market.
Key DOW Levels for 6/10
UP Above 10,400
DN Below 10,350
Pull-Back
Dow pulls back, forms clear lower trend line.
From prior commentary, "...We could see the Dow continue to hold at the highs as a consolidation develops. Such a range would indicate continued strength in the medium term. However, a break below 10,350 will likely make for weakness..."
The Dow pulled back off yesterday's highs today, losing 64 points on the session, as seen in the 15 and 60 Minute Charts. The 15 Minute Chart shows the Dow may be forming a downward-sloping consolidation at the highs, which is typically a bullish pattern. An upside break through 10,400 should propel the Dow into another move higher, however, further consolidation development is likely before a break either way occurs.
The 60 Minute Chart shows the Dow has formed a clear trend line beneath the lows of the recent two-week upmove. A downside break of the line at 10,350 will likely make for continued weakness tomorrow. However, if the Dow can hold above 10,300, we could see a larger trading range form at the highs over the next few sessions.
Short Term Dow
Short term, the Dow has formed a clear trend line across the highs of the 1 Minute Chart. A break of this line at 10,380 will likely make for strength tomorrow morning.
Medium Term Dow
In the medium term, we are still out of the market, since none of our entry levels were triggered. We will watch 10,400 up, and 10,350 down tomorrow; using 20 point stops.
NASDAQ & S&P
The S&P and NASDAQ each sold off today, retracing a good portion of the recent advance. Watch the key upper trend lines for violations to indicate strength tomorrow. *
Summary
The Dow ended the day lower after pulling back slowly, but steadily today. The index has formed a downward-sloping consolidation at the highs, which hints at eventual strength. But we could see a further pull-back before another move higher is seen. Watch 10,400 up, and 10,350 tomorrow.
ThePlayboy
- 10 Jun 2004 07:17
- 7 of 88
60
zarif
- 10 Jun 2004 07:31
- 8 of 88
morning all.
roma
- 10 Jun 2004 07:46
- 9 of 88
Morning all
Mega Bucks
- 10 Jun 2004 07:55
- 10 of 88
morning campers,
long UKX BBY CNA CS CTM ICI MNKS RTR TSCO S&P...
Hope you all have a great day..
Mega...
jj50
- 10 Jun 2004 08:21
- 11 of 88
Morning all. So are the interest rates going to go up.......is it already factored in? We shall see.
Druid2
- 10 Jun 2004 08:21
- 12 of 88
Morning all.
Douggie
- 10 Jun 2004 08:22
- 13 of 88
mornin all
jj50
- 10 Jun 2004 08:28
- 14 of 88
Jammie
Useful information on a thread on this site - just go to Search then type in "dividends" and you will find two threads with all the information you need. Good luck.
Martini
- 10 Jun 2004 08:35
- 15 of 88
Morning all
Jammie
Wednesday is the day for ex dividend.
Click on research button in the tool bar at the top. Click on Forward Diary and then click on the dates in the Calendar to see what the forward schedule is.
For example try the 16th of June to see next weeks ex dividends.
But it does change, as you get closer to the date.
M
Fundamentalist
- 10 Jun 2004 09:15
- 16 of 88
morning all
Melnibone
- 10 Jun 2004 09:22
- 17 of 88
Morning all.
Ftse seems to be following the script at the moment, as outlined
on Sunday using the Macd and the 20 and 40 Ma's.
All seems a bit too pat to me, especially with low volumes.
Nothing is this easy and predictable.
NDX also went up and reversed just shy off the last high.
It's as if everything is being orchestrated.
Anyway, what I would like to see is the FTSE drop to around
4450/4460 to close the gap open on Monday and then power
back up above 4500 before making a swing high and the 20Ma
crosses up over the 40Ma.
Doubt I'll get my wish though.
With low volumes like this and the US shut tomorrow, I would
expect tomorrows trading to be actioned today and the volumes
tomorrow to be pityful.
Melnibone.
Mega Bucks
- 10 Jun 2004 09:36
- 18 of 88
small long LGEN 90.50
Mega Bucks
- 10 Jun 2004 10:09
- 19 of 88
long more CTM 86.25
stockbunny
- 10 Jun 2004 10:48
- 20 of 88
I haven't been able to get in here since Tuesday so this response
is late but a huge THANK YOU! to Snoball and Melnibone for answering
my query on MA and MACD charts, now it makes sense!!
Unfortunately when you have kids in this day and age and don't know
what MacD stands for in trading/investment terms, all that comes to mind
is linked to the kids stomach preferences given the choice! (lol)
Also thanks for running the charts in WLW - very interesting.
Hope everyone has a good and productive/profitable day!!
Mega Bucks
- 10 Jun 2004 10:55
- 21 of 88
Covered TSCO +0.75 EVENS +13 +6.75 no positions left open on this :-)