Trading Update
15-Nov-13, 9:27am: So the Dow Jones (US 30) is at, or just off, fresh all-time highs.

The Japan 225 is up 8% in the last few sessions.

USD/JPY is over the ¥100 level and could get interesting soon if it passes ¥100.5.

The following video also shows that EUR/USD is at an interesting level:



Update by Craig Inglis, Head of Product Development,
15-Nov-13, 9:30am: Shares in ITV are up +2.53% to 186.4p

Update by Jenna Cutly, Editor,
15-Nov-13, 9:42am:

“No Bubble in the Stock Market”



We’ve had a couple of interesting days where markets have focused on Janet Yellen and continued US stimulus.

Here’s the latest update:



Update by Ishaq Siddiqi, Market Analyst,
15-Nov-13, 2:13pm: The new video on our trading blog talks about the widening disparity between UK and European economic data and the state of the euro.

Will we see a BoE Rate Hike and Another ECB Rate Cut in 2014?

Update by Gordon Childs, Editor,
15-Nov-13, 4:04pm: Old Mutual shares look like they will close the week around the 200p level.

Looking at the weekly chart below, it certainly looks like the shares are in a flag and so we could see a potential breakout.

Old Mutual Chart Analysis


Update by Jenna Cutly, Editor,
15-Nov-13, 4:26pm: National Grid shares should close this week around the 773-774p level.

However, the long-term weekly and monthly charts below, suggest that the shares are in a flag and could break out.

One for the longer-term investor perhaps.

National Grid Chart Analysis


Update by Jenna Cutly, Editor,
15-Nov-13, 4:35pm:

Resolution Shares Remain in a Nice Up Channel



There’s not much to say really, I’ve draw some rough tramlines on the chart below and it’s behaving rather nicely.

Of course, that’s what shares do before you trade them.

Resolution Shares in Up Channel


Update by Jenna Cutly, Editor,
15-Nov-13, 4:35pm:

Legal & General Shares in Up Trend



I’ve added some rather rough tramlines on the L&G chart below to highlight the rather nice channel the shares are in.

There might not be much to do right now but it’s worth keeping an eye on and a potential buy if/when the shares hit the bottom of the channel.

And you might want to keep your stops close.

(of course, you should do your own analysis before trading).

Legal & General Shares in Up Trend


Update by Jenna Cutly, Editor,
15-Nov-13, 4:35pm: The Capita Group chart below is looking interesting.

It might not be a case of trading when the market opens again on Monday but with the shares trading in a flag, there is the potential for a breakout.

Capita Shares in a Flag


Update by Jenna Cutly, Editor,