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

It appears that worries were unfounded so far. DOW up 120 points.

So did you take a profit or not?

Yep. Sold YULC, EXPN & BRAM. Got the divi on all three and a small percentage of profit. Decided to let AFR run.
Am trying to target stocks with good divi, so now targeting DLAR, FGP and CHG to a lesser degree, though see growth potential in the sp with CHG. Thought about IMT, but graph not very inspiring.
June has been a bit of a grim month for me on the profit front, so glad to have locked in some gains.
No slow down in the DOW so far. Up 174 points!

Excellent.

harry -i think you'll find VOD offers a good yield too

Harry, my favourites for dividend + growth potential are NG. AV. VOD and BP. For pure dividend have a look at HICL, JLIF, MKLW and SDV.

Another on my list is SHRS - unfortunatley very thinly traded (as are MKLW & SDV).

yield @6.01%. ex dividend this Wednesday.

strong move towards 6100

Bugger

Have had a quick chat to a friend of mine studying Business Studies & Economics and he assures me that that is not a recognised fiscal term.

Closing in on a triple top?

is that good, bad or just an observation?
for myself, a very good day at the ranch

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you may (all) find it worth going back to the plethora of charts on page 1 and then decide whether elysium beckons or a quick trip to hades

Excuse my ignorance but is a triple top positive or negative?

No your in the seconds department of lingerie......

Depends on whether it is or isn't :-) Its meant to be a bearish sign if the high isn't breached. Have a read here.

Anybody any idea which way now ?.....might break out into new highs....or pull back but can't see that happening as oil is rising fast or level out.....perhaps a slow climb higher might be the answer....

The market has the habit of doing the opposite of what most people expect. I think a lot of people were expecting something of a slump following the end of QE2 in June (and I'm not convinced it's not going to happen, TBH). But for the moment, nice rally.

Unlike the FTSE100, the FTSE250 is making new highs now



As is the FTSE Small Cap Index.. Which looks like it's broken out from a bullish ascending triangle pattern too.

i think an immediate break upwards for dow/ftse is unlikely - too far too fast - but the consolidation may not be too painful

cynic dow +93 results season will determine future progress

U.S. June jobs figure predicted to be as good as hoped. I assume 'long FTSE' is the feeling atm?