At the close on Friday the FTSE finished the session down 43 points at
4,286 after another choppy day experiencing better than average volumes as more market makers down tools for the Christmas break. With no scheduled market moving news out today look to component and sentiment news to shape the direction that the remaining market [...]

The FTSE closed up 31 points at 4,309 yesterday having spent all but the first hour in a 60 point range after the news breaks brought information that largely matched expectation. With likelihood of a rise at the open due to Wall Street’s post FTSE close activity and then news breaks at 9.30 lead by [...]

Yesterday, notes Mr Secker, the FTSE ended a meandering session just 2 points down from Friday’s close, at 4,277. Today, with the full impact of the Dow’s reactions to the weekend’s events coupled with Consumer Price Index and Retail Price Index reports even with light volumes, a rough day is likely. In America yesterday [...]

Friday’s close on the FTSE found the index down 108 points at 4,280 after a massive opening fall on reaction to the Dow failing to rebound although the last half of the session made some attempt. Today with no scheduled news out save the Rightmove report showing a slowing in the decline of house prices [...]

The FTSE closed up 21 points at 4,388 after another choppy day of trading but has held above the 50 ema for the second day. Today with no scheduled major market news look to component news, a lead from the Dow and of course end of week position profit taking to provide directional impetus. Yesterday, [...]

The FTSE shot up yesterday morning 220 points at the open in reaction to the Dow’s post London market close activity and therein dwarfed any response to the PPI figures. The index then fell back to trade in an 80 channel for the majority of the day and close just below the day’s high at [...]

On Friday the FTSE closed down 114 points to close at 4,049 registering a 60 point drop within 15 minutes at the break of the Non Farm Payroll report. This was followed by a matching rally and then further weakness to the close. The Dow Jones on the other hand fell from the open on [...]

Yesterday, notes Mr Secker, a volatile session left the FTSE down 6 points at 4,163, after the Bank of England base rate cuts remained in line with expectation at home, seeing 2% in the for the first time since 1951 but in Europe the European Central Bank added an extra .25% to the anticipated [...]

Yesterday, notes Mr Secker, the FTSE ended the day up 47 points at 4,169 having been dragged aloft in the final two hours of trading by the Dow’s upward surge of 300 points from that index’s low. Today with the Bank of England Base Rate Decision released at noon, and with the expectation widely touted [...]

Yesterday, notes Mr Secker, the FTSE rose by 57 points to close at 4,122. Today, with little news out, look for the breaks of the 4,000 and the 4,200 levels for indications of decisive directional movement ahead of the Bank of England base rate decision tomorrow. The Dow Jones gained 270 points to close [...]