All Entries Tagged With: "ftse options trading"
Trade 183 Week Ending 07August
That Was The Week – A Rise of 2.28% So, we note the 6000 level seems to be a magnet as might be expected for no particular reason. Non- Farm payrolls had no effect on FTSE but the US indices S&P 500 almost making new high, Nasdaq at new highs. Same theme- FAANGs and a […]
Trade 181 Week Ending 24July
That Was The Week – Change of Mood? Our index down 2.65% this week but FTSE does not have the same constituents as S&P500 with FAANGs which hold it aloft. China seemed to take a hit on Friday too, as tensions increased over tit-for-tat consulate closures with the US. However it must be argued that the […]
Trade 180 Week Ending 17July
That Was The Week – FTSE Up 3.2% The economy presented a mixed picture, with China allegedly rebounding, UK economy looking grim, job numbers hideous. Central bankers underpin this however with ‘Yuge’ bundles of wonga, and an ongoing commitment of more to come. Idiot that I am I still believe the global economy must […]
Trade 172(Yes!) Week Ending 22 May -New Normal/Abnormal
That Was The Week Miracle Covid Cures Came and Went FTSE Up 3.34% the third highest weekly rise in a year. However- the S&P500 up 32% from the low, FTSE up 24%. So is this some kind of clue as to direction? Well, FTSE has a PER of 13.32 but this does not reflect the massive losses […]
Trade Zero.0.7 Week Ending 24 April
That Was The Week, FTSE Went Nowhere How often do we see week after week that the market went nowhere? In a pandemic? Thus, this trader thinks it’s still a lucky dip/lottery/ shooting gallery at the funfair. However, Stockcharts.com made these 2 free videos that are of interest to anyone who trades and needs some […]
Trade Zero 0.6 Week Ending 17 April
That Was The Week -Curate’s Egg of A Week Conflicting Covid reports continue to move the market. However,the financial media tell us the market looks 12-18 months ahead. Comedy gold. We continue to suggest that this market is just for pure punters and normality is some months hence. I think many of us have followed: https://www.worldometers.info/coronavirus/ […]
Trade Zero 0.5 Week Ending 10 April
That Was The Week of XXX Largesse- The US up 12% Well, the stockmarkets are loving the trillions borrowed from the future. Outside of this bubble the real world knows that when 16.5 millions lose their jobs, they do not buy stocks. Not next month, not next year. The unemployed have debt and little access […]
Week Ending 03 April
That Was The Week You’d have to applaud the powers that be as the market has not gone into total meltdown. So, does that mean they have priced in the risk? No. Nobody can make a market other than by putting out hugely wide spreads and seeing who bites. And yet-volumes have ramped up since […]
Trade Zero 0.3 Week Ending 27 March
That Was The Week Oh my! Mr. Market made mighty swings in a week that went from <5000 to >5800. Seems a little futile talking % up or down. We can learn very little from this market as the drivers are so peculiar. Central bankers are pouring untold amounts into markets. Many countries have ramped […]
COVID-19 Means Closing Out and No Trades For Now
There may be a break in our weekly missives due to the virus. We sincerely hope our readers are ok with their trades. There is no way to quantify the effects of this virus and it would be churlish to talk up the markets. Stay safe, and for those not clear about trade […]
