Jump to content
House Price Crash Forum
lorna1999

Yikes! Look At Ig Spread Betting Dow Jones Figures

Recommended Posts

FTSE showing -77 on Friday's close.

Looks like no-one is convinced...

I've got the futures at -297 now, but currencies are fairly stable.

Share this post


Link to post
Share on other sites

I've got the futures at -297 now, but currencies are fairly stable.

If that plays out then the predictions that it would be equities not treasuries that got creamed by the S&P downgrade of the US would be confirmed. Presumably the view is that the likely outcome is that the cost of all US borrowing is set to rise (ie higher interest rates) which will dent corporate profits.

Share this post


Link to post
Share on other sites

If that plays out then the predictions that it would be equities not treasuries that got creamed by the S&P downgrade of the US would be confirmed. Presumably the view is that the likely outcome is that the cost of all US borrowing is set to rise (ie higher interest rates) which will dent corporate profits.

but why wasn't that already priced in?

Share this post


Link to post
Share on other sites

Here are some updates from twitter on what has been happening so far.

There is an S&P500 futures market which has just opened down 28 points or 2.3%. Thin markets maybe but a guide for the US stock market
The American stock market does trade in Asian time and is currently down some 257 points in Dow Jones terms

@notayesmansecon

Share this post


Link to post
Share on other sites

Oh it was. But not for thee or me.

I don't understand, although i feel that i might do - but no I don't

could you explain purlease kindly? cheers :)

Share this post


Link to post
Share on other sites

I don't understand, although i feel that i might do - but no I don't

could you explain purlease kindly? cheers :)

Maybe it was priced in. Maybe the action of the last ten days was 'in response to' the downgrade on Friday?

I've gone contrarian and opened a few positions against the trend. I'm so confident I'll probably spend the night with my finger on the 'Close' button. :)

Share this post


Link to post
Share on other sites

I don't understand, although i feel that i might do - but no I don't

could you explain purlease kindly? cheers :)

All I meant was WE take the losses; THEY take the gains. WE=outsiders THEY=cosy insider trading fraternity.

Share this post


Link to post
Share on other sites

being reported now on bloomberg

G7 agree via conference call, liquididity increase and to look after USA.

the markets dont look good though

i dont think it will be a black monday, it will take a few days for it to fall probably wednesday before the plug is pulled on a big market during trading hours

Share this post


Link to post
Share on other sites

http://tvnz.co.nz/business-news/nz-stockmarket-slumps-open-4341859

New Zealand's stock exchange lost 3.3% or over $1.3 billion in value straight after opening at 10am today.

I was thinking that the IG spreads were a little pessamistic, I was thinking a fall of 50-60 points today on the FTSE, but maybe we're in for a pounding today.

I'm surpirsed no-one has called 'Black Monday' yet?

Share this post


Link to post
Share on other sites

I was thinking that the IG spreads were a little pessamistic, I was thinking a fall of 50-60 points today on the FTSE, but maybe we're in for a pounding today.

I'm surpirsed no-one has called 'Black Monday' yet?

There is one somewhere.

The market looks 'undecided, the earlier bounce was stopped.

Share this post


Link to post
Share on other sites

The market looks 'undecided, the earlier bounce was stopped.

Rabbits in the head light..

VIX still only at 40, but I wouldn't be surprised if we start testing the highs of early 2010, and possibly even getting close to the 90s we hit during 2008.

eating_popcorn.gif

Edited by libspero

Share this post


Link to post
Share on other sites

What are the futures for the FTSE 100 indicating now please?

(I don't SP or use CfD's.)

Going by IG index.. currently the FTSE down 85, no 88, no.. all over the place, but generally down in the 85-90 range.

Share this post


Link to post
Share on other sites

What are the futures for the FTSE 100 indicating now please?

(I don't SP or use CfD's.)

Bloomberg show FTSE futures. Currently 5107.5 -2.34%

Share this post


Link to post
Share on other sites

Gold has decided ... something. Up to $1711 atm.

Not bad considering it "peaked" at $1650

Or $1625

Or $1600

Or $1590

etc. etc.

So your advice is to buy gold after it's rallied to unsustainable levels?

Well I know very little about gold trading, but it looks like a big sell at the moment - cash in the chips time.

gold has reached its peak

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.