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
cynic
- 24 Nov 2016 13:51
- 21102 of 21973
hard to know CD .... don't forget DOW is closed today and only half day tomorrow
2517GEORGE
- 24 Nov 2016 14:15
- 21103 of 21973
If peeps are selling their bonds maybe the proceeds will find it's way into equities.
cynic
- 24 Nov 2016 15:18
- 21104 of 21973
always easy to rationalise whichever way the markets are going
=============
just clicked ......
early reports on black friday trading must be showing up very positive
mind you that makes the rate rise even more certain
i wonder if the markets have forgotten that
jimmy b
- 24 Nov 2016 16:49
- 21105 of 21973
Dow, S&P close at records; U.S. yields, dollar at multi-year highs
--------------------------------
NEW YORK (Reuters) - The Dow Jones industrial average and S&P 500 ended at record highs for a third straight day on Wednesday, while U.S. two-year Treasury yields and the dollar hit multi-year peaks after upbeat U.S. economic data reinforced expectations for interest rate hikes.
Gains in industrial stocks helped the U.S. indexes, with the S&P 500 industrial sector <.SPLRCI> ending up 0.8 percent. The S&P's gains were meagre, while the Nasdaq slipped after a drop in tech heavyweights ahead of the Thanksgiving Day holiday on Thursday and an early market close on Black Friday. A 10.5 percent drop in Eli Lilly & Co also weighed on the S&P.
The Nasdaq had touched record closing and intraday highs over the past two days. Expectations that markets would benefit from U.S. President-elect Donald Trump's policies have helped boost shares.
European shares steadied, with basic resources companies underpinning the broader market following a rise in metals prices. The European basic resources index <.SXPP> ended 1.2 percent firmer after hitting its highest level since mid-2015.
U.S. two-year Treasury note yields rose to a 6-1/2 year high of 1.151 percent, while benchmark 10-year notes hit 2.417 percent, the highest since July 2015. The peaks were touched after data showed that U.S. manufactured capital goods rebounded in October, boosting expectations for faster economic growth.
"Today is the beginning of the holiday, so many people have left or are on their way," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York. "You could continue to see a little bit an overreaction either way. ... But I think next week ... I wouldn't be surprised to see the market back off."
jimmy b
- 24 Nov 2016 16:50
- 21106 of 21973
Sticking with my DOW short for now.
cynic
- 24 Nov 2016 17:28
- 21107 of 21973
eventually there has to be a reaction ..... mustn't there?
Claret Dragon
- 25 Nov 2016 15:46
- 21108 of 21973
No sign of a pull back on short trading day in US.
cynic
- 25 Nov 2016 15:48
- 21109 of 21973
no sign of anything except loud snoring :-)
jimmy b
- 25 Nov 2016 15:56
- 21110 of 21973
Next week i suppose .
Claret Dragon
- 25 Nov 2016 18:23
- 21111 of 21973
New Closing High on Dow.
Sequestor
- 28 Nov 2016 08:17
- 21112 of 21973
FTSE to begin Monday quietly after so-called Black Friday
.................
FTSE quietly DOWN 50 pts
hahahahahahahahahahah
Sequestor
- 28 Nov 2016 08:33
- 21113 of 21973
Make that 60 points DOWN, mam is a great forecaster -in reverse
hahahahahahahahah
Chris Carson
- 28 Nov 2016 11:34
- 21114 of 21973
Claret Dragon
- 28 Nov 2016 14:47
- 21115 of 21973
The Italian Referendum is the obvious next potential problem for EU and Markets.
Early next week.
jimmy b
- 28 Nov 2016 15:29
- 21116 of 21973
Still holding DOW short
cynic
- 28 Nov 2016 15:40
- 21117 of 21973
can't be that bad a move
HARRYCAT
- 28 Nov 2016 15:49
- 21118 of 21973
Jimmy, presumably you are paying to roll it over day by day and also gritting your teeth that the margin doesn't get called in?
I don't SB but interested to know how far you can hold on before capitulating.
jimmy b
- 28 Nov 2016 16:03
- 21119 of 21973
I can roll over for as long as i like it's not costing too much i only bet small on the DOW.
I'm still running at a loss cynic ,it is however turning my way.
Claret Dragon
- 30 Nov 2016 22:34
- 21120 of 21973
Dow made new high.
FTSE 100 not being dragged along,