All Entries Tagged With: "#ftse"
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 […]
Trade 170 Week Ending 21 February
That Was The Week FTSE Dipped Toes, and Shrank Back From the Water’s Edge No dives this week. Those awful puns just keep coming! Our financial news is so confusing with so much ‘good’. Yet AAPL and Nasdaq taking a 2%+ hit as COVID-19 takes its toll on production in China. We know of UK […]
Trade 169 Week Ending 14th ♥ February
That Was The Week Not Much To Report So, the buyers jumped in with both feet, clutching sweaty fivers. Nobody knows why-given the unquantifiable risk of COVID-19 (maybe they think they have the’ inside’ track). However we know the market does nothing for a good reason. S&P and Nasdaq hit record highs. I read an […]
Trade 168 Week Ending 07February
That Was The Week- A Big Up, Ending on a Sour Note The unknown that is coronavirus is now looking a little more ominous. This trader finds the market’s arrogance staggering. With no possible way to quantify this risk, how could the so-called bulls buy like it’s 1999? Up almost 3% until Friday. We saw […]
