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

not looking that way, but nor can i be persuaded to buy into this
i agree it's madness, but it can run that way for rather a long time - as is now being shown

The pullback could be worth a punt but when ?

pull out your entrails and inspect them :-)

Anyone got a pin :0)

It's coming ,trust me !

i must be in the wrong time warp or something, as i continue to see nothing but gloom and doom ahead, though the markets tell me completely the opposite

as a result, i am effectively trading nothing though my sipp remains fully invested across a wide spectrum, including direct US exposure through AMZN, AAPL and GOOG

a sharp about-turn for GOLD sees it suddenly +$10.00 at $1161
all probably in response to the sudden collapse of DOW, though why that should be i also do not know

Hope you had a good xmas cynic , ,i'm short DOW again and i'm staying in .

as always .... you too old fruit :-)

DOW at 19,850 (currently) is on a potential tipping point
keep watching!

make of the NFP numbers what you will ......

US adds 156,000 jobs in December
US job growth slowed slightly in December but was revised higher for the previous month while the unemployment rate remained at less than half of the Great Recession peak, suggesting President Barack Obama will pass on a robust labour market to Donald Trump.
The country tacked on 156,000 jobs last month, missing Wall Street expectations of 175,000, the Labor Department said in the final employment report before the inauguration. However, the November figure was revised higher to 204,000 from 178,000

DOW
now retreated to its tipping point once more at 19,850

If's but's and maybe's followed by if's but's and maybe's from gun nuttier land again as usual, better to wait for their mid-week re-interpretation before doing very much on the trading front this side of the W/E me thinks.

DOW was one point short of the 20k tonight then .

High
Dow Jones Industrial Average 19963.80 64.51 0.32 19999.15 19836.25 19907.00 19963.80

.

GOLD
closed in london at $1183 .... if that holds o'night, then pms should have a nice little surge in the morning

Look at the bandwidth on he ftse chart. Worth noting also ftse100 p/e value not far off 40 now.

7281 ftse100 short with 'shortie'

good grief!
what's suddenly happened other than trump opening his gob?
a couple of minutes ago both dax and dow were up 80+ and now they've lost all that an a bit more