May 2016

The bullish thrust seen in the main stock market indexes hasn’t skipped over the FTSE100, and a strong break up above the previous two week range appears very clearly. However, please pay attention to a shortening of the thrust that took place in the last 2 trading days. Price moved sharply from one edge of Read More

FTSE Indexes were higher Wednesday after stocks in Europe gained broadly. The FTSE 100 was higher at 6,262.85 for a gain of 43.59 points or 0.70 percent. The FTSE 250 was higher at 17,232.64 for a gain of 96.97 points or 0.57 percent. Source: FTSE 100 and FTSE 250. Google Finance. In the U.K., financial and Read More

FTSE Indexes were higher Tuesday after stocks in Europe gained broadly. The FTSE 100 was higher at 6,219.26 for a gain of 82.83 points or 1.35 percent. The FTSE 250 was higher at 17,135.67 for a gain of 103.93 points or 0.61 percent. Source: FTSE 100 and FTSE 250. Google Finance. Stocks leading gains for Read More

FTSE Indexes were mixed on Monday as stocks trended mostly lower globally. The FTSE 100 was lower by -19.89 points or -0.32 percent to close at 6,136.43. The FTSE 250 was higher at 17,031.74 for a gain of 109.68 points or 0.65 percent. Source: FTSE 100 and FTSE 250. Google Finance. Mixed trading for the Read More

During the passing week, the FTSE100 has still been trying to find a direction, and as mentioned on the last review, there wasn’t any good swing setup. So goes for the coming week. The fact that the last weekly bar, after extending the range of the previous Weekly bar, closed like the latter, in the middle, -calls Read More

FTSE Indexes were higher on Friday after regaining losses from the previous day with the market factoring in higher potential for a U.S. federal funds rate increase in June. The FTSE 100 was higher by 102.97 points or 1.70 percent to close at 6,156.32. The FTSE 250 was also higher at 16,922.06 for a gain Read More

FTSE Indexes were lower on Thursday as traders reacted to signals from the U.S. Fed minutes on its next rate increase. The FTSE 100 was down -112.45 points or -1.82 percent to 6,053.35. The FTSE 250 was also lower at 16,730.11 for a loss of -151.13 points or -0.90 percent. Source: Google Finance. Stocks traded lower Read More

FTSE Indexes were mixed on Wednesday trading mostly flat as investors awaited insight on the U.S. economy from the Federal Reserve’s April meeting minutes. The FTSE 100 Index was lower at 6,165.80 for a loss of -1.97 points or -0.03 percent. The FTSE 250 was higher gaining 36.16 points or 0.21 percent to close at Read More

FTSE Indexes were higher on Tuesday as homebuilders and telecom helped to lift stocks. On Tuesday, the FTSE 100 closed at 6,167.77 for a gain of 16.37 points or 0.27 percent. The FTSE 250 was also higher, closing at 16,845.08 for a gain of 145.76 points or 0.87 percent. Source: FTSE 100 and FTSE 250. Read More

FTSE Indexes were up on Monday despite global losses from lower economic data. The FTSE 100 gained 12.90 points or 0.21 percent to close at 6,151.40. The FTSE 250 was higher by 49.02 points or 0.29 percent to close at 16,699.32. Source: FTSE 100 and FTSE 250. Google Finance. In Europe, stocks closed higher on Read More