The FTSE 100 ended the day in the red as investors saw more gloom than cheer in the torrent of company results, the index closed down 32 at 4,202. Over the next few days, it will be interesting to see if the 4000 level holds. If the support at this level fails, we will be [...]

London stocks finished slightly higher on Wednesday. The FTSE, writes Greg Secker, 100 closed at 4,234 climbing 0.5%. Vodafone was the most traded stock, seeing 118 million units change hands, followed by Royal bank of Scotland (RBS) which saw 97.3 million shares switch owners.  The Dow opened yesterday with a modest bounce from the lows.  [...]

Footsie lost nearly 100 point yesterday to close below the 50 EMA. The shares took a late dive as US Treasury Secretary Timothy Geithner unveiled a revamped plan to kick-start the economy that could cost as much as $2trn.The Dow opened the day yesterday with a very bearish decline through 8,200 and finally closed down [...]

The FTSE closed up 15 points at 4307, as it continued upwards to break the neckline of the double bottom it formed over the last month.  A continuation in this direction with the current short-term buying pressure may cause a test of the 61.8% Fibonacci retracement line at around  4400, and then rally on to [...]

The FTSE closed up 62 points at 4,292 with British Airways being a major success story as the shares closed up 13p at 141p, despite revealing a pre-tax loss of £70m as a 50% increase in fuel costs hit the bottom line.
On Friday the Dow rallied 218 points and broke through the 8,100 level. The [...]

Strong miners helped the FTSE 100 close yesterday up 64 points at 4228. The index is finding resistance off the 50 ema and would be interesting to take note if it breaks through the 50 ema or bounces off it. The Dow opened the day with early strength and rallied 100 points to the 8,150 [...]

The FTSE closed up yesterday 86 points at 4,164, amid claims that the British economy will shrink until the fourth quarter of this year as the world endures its slowest growth since the end of World War II.  The Dow climbed more than 140 points to close at 8,078, as encouraging news on home sales [...]

Yesterday, notes Mr Secker, the FTSE closed down 72 points at 4,077 creeping closer to the key number of 4,000. It will be interesting to see if the index finds support at this key level over the next few days and bounces back up. The Dow closed yesterday down 64 points at 7,936 trading [...]