Re: Weather outlook for the FTSE
Posted: November 29th, 2018, 12:39 pm
Another way to get the FTSE100 dividend yield is to look it up in the FT, at least on Saturdays.
Dod
Dod
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langley59 wrote:langley59 wrote:I agree however that the political situation around Brexit and the consequent strength/weakness of the pound are driving sentiment and this has the potential to override everything else. How to call that is anyone's guess.
Further to my earlier point, looking back to June 2016 when we had the shock to the markets of the Brexit vote the immediate consequences were a fall in the pound and a rise in the FTSE. It looks like T. May's Brexit plan is likely to be voted down in parliament on December 11th so might we expect a similar reaction from the markets, ie. a fall in the pound with a rise in the FTSE 100?
Jonetc15 wrote:Turning to today, 2 January 2018:
Arborbridge wrote:Well, here's an odd thing: the FTSE 100 is looking quite chipper at the beginning of February. I really expected some worse things to come - and of course, there may well be a slump - although my downside target set last August was not only reached but exceeded.
However, I have a nice Delphi signal plus an upside target on Point and Figure of around 7600 has just been triggered. There are also lows trending up on the RSI which helps - but the flies in the ointment are: the Coppock is still firmly down, and the upside target on the P and F is in the context of being underneath the 45 degree down trend. That tells us the general downrtend is still in force, also confirmed by usual line chart.
Some hope, then, but hardly time to break open the champagne.
Arb.