S&P 500 trade finally breaks out to a new all-time high
My S&P 500 trade (ETF Proxy – AMEX:SPY) finally broke out to a new all-time high and in doing so triggered my stop loss orders. This breakout has occurred due to political events and is…
training course
FTSE 100 turned to downside but strong Retail Sales kept it afloat
The FTSE 100 has come off its recent 6,900 points highs and last week we discussed that the outlook has been turning to the downside and that the index was looking poised for losses. However,…
What’s next for the £?
With interest rates back on the agenda with the FED and the BoE maybe we are finally now in the markets moving away from the non-existent growth figures and are looking for the inflationary and…
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…
Head and Shoulders holds in S&P
The head and shoulders pattern in the main market index for the US stock market…The S&P 500. (ETF Proxy – AMEX:SPY) continues to unfold. Price is just hacking and gasping sideways, and…
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…
Head and Shoulders pattern for S&P 500
I have been stalking a head and shoulders pattern in the main market index for the US stock market…The S&P 500. (ETF Proxy – AMEX:SPY) The past few days, the market has retested the prior…
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…
I would bend over backwards to be flexible!
It’s been an interesting week. And one that sends a strong message to all traders, but moreso to those in the retail sector who are trying to understand ‘what’s what’! Certainly one to teach the…
FTSE at pivot point
With no surprises from the B0E of an unchanged base interest rate and holding steady at £375bn of asset re purchase, we find the FTSE at a real key pivot point. On the daily charts…
