Published on Mon, 16/03/09 |
Spread Betting Tips
Boeing Co - Daily Candle Chart
The Boeing Co. looks like a sell opportunity for next week, with a closing price on Friday at 33.40. As you can see from the daily candle chart, the last five days have seen rising prices but falling volume, which suggest that the market makers are moving prices higher but are not buying into the move themselves, so we can expect a move lower in due course. The week ended with a small doji candle representing indecision in the market and a possible turning point. With the two factors above I would suggest the Boeing provides a sell bet opportunity for next week in the US markets. I would suggest a stop loss above the $37.20 region.
In order to help you with your financial spread betting trading I have added several new services to the site. First there is an economic calendar which provides details of all the fundamental news items from around the world, including details of the forecast and previous figures, but if you prefer your news on video, then the latest currency news is the place to go, with updates three times a day. In addition there is a live news feed, and for the latest currency prices, live currency charts covering over 70 of the world’s most popular traded pairs. If you are trading the major indices around the world, then for the latest prices check the live index charts, and for gold, silver, copper and oil just check the commodity prices charts. The latest stock prices are provided for the major stocks and shares in Europe, Asia and the Far East.
Published on Mon, 16/03/09 |
Spread Betting Tips
I believe that Cadbury on the London Stock Exchange offers us some potential for a short trade this week following the close at 551p on Friday. Whilst volume has increased daily during the week, Friday’s candle has closed with a shooting star, suggesting that the increasing volume has met significant resistance in the market. In [...]
Published on Mon, 16/03/09 |
Spread Betting Tips
Another opportunity in the American stock market, this time with Cisco Systems, which gives us another selling opportunity for spread betting this week. As we can see from the daily chart there are three reasons for thinking this is a short selling bet. First we have a stock rising in price, but with falling volume [...]
Published on Sat, 14/03/09 |
Spread Betting Tips
A look at the chart for the FTSE 100 reveals several interesting details following Friday’s close in London. First, note the volume which is falling as the index is moving higher - always a bad sign, and for those of you who have studied volume spread analysis, will know exactly why, but in simple terms [...]
Published on Mon, 9/03/09 |
Spread Betting Tips
My suggestion for tomorrow’s spread bet is on the London markets and is Shire PLC, which closed this evening on the cash market at 798.50p per share, and I am suggesting that this is a buying opportunity for the short term. First, following this evening’s close we have a long legged doji, an excellent signal [...]
Published on Sun, 8/03/09 |
Spread Betting News
Following the release of the Non Farm Payroll data on Friday, over 8% of the workforce in the US is now unemployed, and all the current forecasts suggest the situation is likley to worsen in the next few months. Particularly badly hit is the manufacturing sector with over 1.3 million jobs lost since the recession [...]
Published on Sun, 8/03/09 |
Spread Betting Tips
Hello and a very warm welcome to another of my financial sites, which I hope will explain everything you need to know about financial spread betting - not simply which companies offer what products and how they all compare, although I’ll cover this in detail for you as well, but much more importantly the risks [...]
