LSE will be the place to be
The Footsie is back at 7000 and this is a level that’s been in the way of a trending move since the 1st April last year. Since this time, the index as we all well…
London
S&P 500 challenging upper reaches
My S&P 500 trade (ETF Proxy – AMEX:SPY) is challenging the upper reaches of the red zone as I wait for resistance to manifest itself. If the highs of this area (Near $192.50) are broken,…
Breaking News: A Home Cure for STDs?
Start with a few deep breaths… I should have known from the look on her face, as I opened the door with my usual cheery greeting, that all was ‘not well’. There seemed to…
Can the FTSE 100 hit 6,900 points?
…or is the uptrend losing momentum? The FTSE 100 has been on the rise for a couple of weeks now and even though the first leg of this uptrend was expected the continuation above the…
When no trading is the best trading
Sometimes a trader needs to know when not to trade. Knowing when to stay out of the markets is just as important as knowing when to be in. The past few weeks have been quite…
Cable could hit 1.70 this year…
The GBP/USD pair has seen the pound strengthen in the past few days with it challenging the 1.68 figure once more. I have long held the belief that we should see cable hitting 1.70 at…
FTSE’s outlook conservatively bullish
The last time we discussed the FTSE 100 it was trading just above the 6,500 points area, a level that had been confirmed as a medium-term support. I said that the key resistance area seemed…
Are we in the middle of another .com bubble?
If it looks like a duck and walks like a duck, it’s a duck. The King IPO is the latest in a string of social media companies trading on inflated valuations. There are currently two…
