After a frighteningly huge opening burst of positive movement The Dow Jones then spent the entire session meandering to a close that was down a paltry 76 points at 9,310 belying the 700 point range of the day. Today look for similar indecision but tempered by the news break at 1.30pm British Summer Time of [...]

Yesterday, notes Mr Secker, gave no respite from the recent volatility with the Dow Jones showing a partial reversal of the recent meltdown madness. U.S. stocks rallied strongly from the open, sending the index to its biggest ever daily point gain of 936 to close at 9,387 on the back of the government plan [...]

Yesterday, notes Mr Secker, saw a coordinated interest rate cut by 7 of the worlds largest central banks. The world’s top central bankers stepped in to boost confidence with a coordinated 50 basis point interest rate cut…..which was met with some indifference as the US treasury secretary  warned some banks will still fail despite [...]

Well what another bumper day we had on the markets yesterday!  I think it was fair to say that after Mondays trading sessions we expected a fair amount of carnage in the market.  And that’s exactly what we got!
So yesterdays market movements continued to be driven by panic and fear. Assessing the damage, we [...]