Yesterday, notes Mr Secker, the FTSE closed at 4,169 with a loss of only 12 points having traded in a 120 point channel throughout the session. With no Market moving news out on this side of the pond today’s movements are likely to be linked very strongly to the Dow’s Thursday outing as the [...]

Yesterday, notes Mr Secker, ’s close of the FTSE was 64 points lower than the previous day at 4,182 having dropped under pressure from the losses on Wall Street. The index attempted a bounce back from early losses but continued to fall from noon to an hour out from the finish when the bargain hunters [...]

Yesterday, notes Mr Secker, the FTSE closed down 157 points at 4246, showing weakness from the outset and trailing down to a consolidation in the final two hours of trading as seen on the 5 minute chart. Today with a raft of newsbreaks that are all at low level watch for component news and [...]

Yesterday, notes Mr Secker, the FTSE ended 38 points higher at 4,403 but significantly down from the day’s high of 4,524 on the back of the Miners, which surged after China approved its $586 billion government spending economy rescue plan. Today with our Trade Balance figures out at 9.30 am look to the break [...]

The FTSE gained 114 points on Friday to finish at 4,387. With Producer Price Index figures out today at 9.30am watch the index at that time for early directional movement. In America the Dow opened Friday with early strength through the 8,800 mark and traded within 160 points of that level throughout the session. The [...]

With a massive drop at the open yesterday, followed by violent reaction at noon and 12.45 pm, to the Bank of England and European Central Bank base rate cuts, the session then dwindled away to close at 4,272 down 258 points against the previous day’s close. The interest rate is the lowest since 1955 and [...]

With a massive drop at the open yesterday, followed by violent reaction at noon and 12.45 pm, to the Bank of England and European Central Bank base rate cuts, the session then dwindled away to close at 4,272 down 258 points against the previous day’s close. The interest rate is the lowest since 1955 and [...]

Yesterday, notes Mr Secker, the FTSE closed 108 points lower at 4,530, having shown early weakness at the open followed by choppy trading ‘til the session’s end. Today the Bank of England interest rate decision is due out at 12 noon closely followed at 12.45 pm by that of the European Central Bank, both [...]

Not a great day for Guy Fawkes but the first day as President for Barack Obama! So as we all wake up to a new world, yesterday the FTSE closed up 196 points to end at 4,639 on the back of big positive moves on the Dow Jones. Today with a raft of economic indicators [...]

Yesterday, notes Mr Secker, on the back of low volumes the FTSE closed up 65 points at 4,443 trading in a tight range of around only 80 points, but still managing a sixth consecutive day of overall gain. Today with only minor market moving news out, look for component news to inspire movement but [...]