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FTSE – analysis and thoughts for the day ahead (Thu 18th/Dec/2014)
A relatively quiet day on the FTSE – a large spike down in the first 5 minutes to stop out all the longs – the market was telling us where it might be going, We then hovered around the pivot and 6300 untill the US market opened and then rallied to a close of 6336 but into the close and futures we are now sitting at 6393 as the FOMC made their usual market shifting comments. 109 more words
U.S. stocks are rebounding today. The catalyst: stabilization in the oil market and Russia’s battered currency.
In late-morning trading the Dow Jones industrial average is up 153 points, or 0.9%, to 17,222. 224 more words