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

The "go away in May" theme being repeated perhaps later in the month.

Crap for commodities and oil etc.

shall be very happy to see the indices crumble ..... but any shorts will be closed before referendum day

Yup you shouldn't be long or short come June 23rd unless you like a pure gamble or you strongly believe you can predict the vote .

DOW
that's a jolly little tumble while i was busy sorting out some e's

from one of my non-partisan trade sources .......

Saudi To Continue Producing Full Throttle
What the change probably means, then, is that Saudi will continue producing at near-record levels. Bloomberg cited analysts from Emirates NBD PJSC and Qamar Energy as saying Sunday that Saudi could even exceed its record production of 10.5 M/bpd if it produces more to meet a seasonal rise in domestic demand this summer. Saudi's April production stood at 10.27 M/bpd.

ft fallen 50 odd pts.. what's happened to cause that?

no idea, any more than why it shot up o'night

Dow futures still little changed.

Plunge protection team were activated last Friday in US rumour has it.

Who are they and what might that mean then?

Try to prevent huge moves to the downside. Who they are is a good guess.

Thanks CD.

Gold up a bit as the ft loses a bit on ex divi day.

GOLD
no need to rush now until $1280 is breached - or not as the case may be
currently $1278

Yesterdays gains gone today in US.

may be worth shorting DAX o'night

No direction at the mo.

took a small turn on DAX ..... perfectly happy with that, as it's an index i haven't traded before

My short is up.. just, stick or sell that is the question.