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

DAX at 10,500 may be worth a punt .... currently 10556
and if memory serves me aright
DOW at 18,250 ...... currently 18,298

.

i guess the markets took fright because (a) it's friday and (b) one of the fed members said a rate rise could be justified

my guess is that there'll be no rise this month, and possibly not until after the presidential farces (perhaps i mean faeces)

Comment on CNBC today predicting a 6-10% downward correction on the DOW, assuming a FED interest rate increase this autumn. It seems the market wants to price in a rate increase before it happens, rather than react to the FED decision.

Not had a day like this for few weeks

DOW ultimately fell another 200 points to 18,030!
london will be a shambles (as in abattoir) on monday though it's only indicating being down 73 points

FTSE predicted to open -90 points.

clearly a lot of forced selling first thing this morning

the super-dooper brave may well pile in later, but i certainly shan't, even though i do not believe that US rates will rise in september

200MA is first port of call.

like i said, but equally i was never going going to try to catch that bus
very welcome nevertheless with further follow-through tomorrow assuming DOW does not fall back heavily at the close (currently +240 at 18,330)

DOW futures now -119.

curious ..... no obvious reason

DOW
dumped further at open, but now back above 18,200 which it needs to hold, and preferably recover above 18,250

Still going down a long way from here.

starting to look that way

Juncker to give a 'State of the Union' presentation in Strasbourg today, which might give the markets a boost this morning.

talk about whore's drawers!
DOW would do them proud today

DOW 10-minute chart looks pretty nasty with index dipping below 18,000

DOW and maybe DAX
wouldn't be surprised to see at least a DCB on these indices later, but shan't hold my breath nor bet on it

DOW had a bash at recovering yesterday evening, but finally fell away quite quickly