As central banks remain accommodative, Michael Hewson and Toby Morris discuss the US stock markets, client sentiment and key individual tech stocks as well as taking a look at the outlook for Lloyds bank.
- US Indices – S&P 500 hitting all-time highs but CMC clients still 70% short
- Facebook – huge 2-week performance on good results, clients 72% long
- Apple – 8% 2-week gain, resistance at $460, account holders 95% long
- Lloyds – big resistance at 80p, first profit for 3 years, clients 92% long
Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.
Video content by Michael Hewson of CMC Markets.
Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.