The Sky Is Not The Limit

Published by Filipe R. Costa on Thu, 31/03/2011 - 10:10

It seems that there are no limits regarding losses and gains in the stock markets around the world. One can go very fast down and up. A few days ago, we went down, now it is the turn for a bullish momentum. The FTSE has a record of 9 gains in 10 sessions. Yesterday the British index closed at 5948.30, recording a gain of 0.27%. It is not this year's high, but it's just 2.40% shy of it.

Currency Pairs Nicknames

Published by Filipe R. Costa on Wed, 30/03/2011 - 15:29

Many times, traders and professionals simplify currency pair names and refer to them using nicknames. The use of jargon is common amongst professionals that deal with something everyday, or even every hour and minute. Check this guide for the most commonly used currency pairs nicknames.

Markets Up, Volumes Down, Inflation and Growth Concerns

Published by Filipe R. Costa on Wed, 30/03/2011 - 10:48
climbing markets

Another session of gains marked last day of equity trading. FTSE 100 is now 5.63% above its worst close of this year, that occurred on 16th March, just 9 sessions ago. That's a huge and fast recovery! The index closed at 5,932.17, up 0.47%. From overseas, some gains marked the day also with the Dow closing at 12,279.01, up 0.67% and the S&P 500 up 0.71%, closing at 1319.44.

After the Storm Comes Some Quietness

Published by Filipe R. Costa on Tue, 29/03/2011 - 16:01
quiet markets

Quietness is a word that was not commonly used over the last month with regard to financial markets. We assisted to an uncontrolled downhill racing and then a mountain climb at top speed. But after the storm, some quietness is invading equity markets.

Markets Hold Small Gains

Published by Filipe R. Costa on Mon, 28/03/2011 - 11:45

Last Friday was another day of gains for equity markets. FTSE closed at 5900.76 and is roughly at the same level of the beginning of the year. The Dow edged higher to 12220.59, rising 0.41% and accumulating a gain of 5.55% this year.

Catch Me If You Can

Published by Filipe R. Costa on Fri, 25/03/2011 - 16:16
markets are up again

Another day of gains passed. Yesterday, European markets started a little shy but they were able to post huge gains at the end of day. FTSE 100 was up 1.47% to 5,880. The Dow 30 also edged higher but by a more modest 0.7%, closing at 12,170.

Yesterday was the fifth day of gains in six sessions, marking a fast recovery from this year minimums recorded after Japan earthquake. Both FTSE and the Dow are now up on the last ten sessions, and nothing seems to stop this rise. Even the negative report on durable orders in the US was not able to hold the market.

Japan Earthquake and Equity Markets

Published by Filipe R. Costa on Thu, 24/03/2011 - 23:03

Thirteen days have passed since the terrible 9.0 magnitude earthquake occurred in Japan. The earthquake caused a massive devastation and triggered tsunami waves that inflicted further damage in Japanese territory.

Spread Betting and Portfolio Diversification

Published by Filipe R. Costa on Thu, 24/03/2011 - 18:08

A central issue in financial spread betting is money management. You can possess an excellent set of entry and exit rules and be a very lucky guy, but without proper rules applied to money management, you won’t be successful.

Equity Recovery Continues

Published by Filipe R. Costa on Thu, 24/03/2011 - 15:56

Equity markets were up again yesterday after a one day interval in the recent rally. FTSE closed at 5,795.90 and the DOW at 12,086.02, rising 0.58% and 0.56% respectively. Over the last 5 sessions, both FTSE and the DOW registered gains in 4, with the FTSE gaining 3.53% and the Dow 4.07%.

Osborne Speech and FTSE 100

Published by Filipe R. Costa on Wed, 23/03/2011 - 15:43
osborne speech

Today we have assisted at the UK Chancellor of the Exchequer, George Osborne speech on UK budget. Given the crisis in Europe regarding high unemployment rates, low GDP growth rates and large Government deficits, this is the kind of speech that is expected to have an impact on financial markets, in this case mostly in FTSE 100. It was not the case.