Active filters (remove all):
Non-Farm Payroll numbers were out on Friday, with slightly better than anticipated, adding 227,000 jobs. How can you play this with fixed odds betting?
Now…
Let’s crunch some real numbers and delve a little deeper...
The Dow began the trading week at the high range of 12,900-13,000. Many traders were expecting a sharp pullback of sorts and so was I, but not to that extent that we've seen, yet even so I am surprised as to how little this retracement has been to stretch its legs.
Financial fixed odds betting guru Matt Shaw updates on his everlasting quest to reap the rewards of trading the Dow Jones index. This week he's excited about a window of opportunity for a canny trade or two.
Have a look at the chart of the Dow Jones below. I just want to reiterate how crucial the 12,750 zone really is, as we move forward.
Predicting a market implosion ahead, our fixed odds expert Matt Shaw says the best way to play the market doldrums at present is to sit tight - for now...
So what do I see for the coming time, I very dare you ask? I don’t see a great deal YET, to be frank.
The markets are too quiet for me and I am genuinely getting ready to short this market at particular levels. I am willing to name a date and from that date I don’t think the market will get past that for the rest of the year. If it does, the market will trade higher for a further 3 months before they get a royal spank.
We're in for a good year, says our resident fixed-odds betting expert, as he surveys the scene and doles out his advice on what trades to make.
The stats look good and I can simply feel we're in for a good year. By ‘stats’ I mean a mix of fundamental and technical data that I have thrown into the blender over Xmas that has now produced very obvious readings.
Our regular fixed-odds look at the markets, reviewing the year and making some market forecasts for 2012.
Overall, the year has not been outlandish in any sense. We have seen a steady rise through the first half of the year. We then had the sell-off through July/August and now another wave higher back to where we are today (around 3-4% from the highs of the year).
Our regular fixed-odds look at the markets spies some tension in the house of Dow.
First of all – pinch punch, first of the month. Sorry, it had to be done.
Now, I also have to apologise about the last fixed odds betting update – yes it was a bit late. There happened to be a delay in the email server but eventually, as I had actually stated, these markets would start to kick in and rally into the first week of December.
A regular look at the markets from a fixed-odds perspective.
I see this taking a small dip over the next week or so into December. Why? Well, I think the markets will rally swiftly, yet it will be short-lived so you will need to move quickly in order to catch the move.
As I have already shorted this market, I do not want to see this rally back too hard over the next 48 hours.
I shorted small on Wednesday morning, followed with a second short late on Thursday evening. I have not caught all of Wednesday’s fall, but I believe the second level that I have got in at – 11900 – has made me happy. I think that we will see a mild mannered attempt to break back above the 200-day moving average (black line on my chart below) or 12,000 itself.
A regular look at the markets from a fixed-odds perspective.
So, will it be holidaying next year to the Greek islands spending the newly formed and obviously inexpensive (comparative to euro) drachma? I bleeding hope so!
Our fixed-odds expert suggests some potential trades for the next week, as he sees a minor pullback emerging before a further rally and another big sell-off on the horizon.
Well, the markets are relentless in their dramatic (yes, I think that word is appropriate) poise that makes the normal bull appear seemingly feeble.
Thu, 1st Jan - * A decline in risk appetite meant that UK markets were in the red on Wednesday morning ahead of the all-important policy decision from the Federal Reserve due out later this evening.
Which trading game would you like to trade with ?