FTSE 100 News

FTSE Almost Reaches 7,000 - I Told You So!

Mar 19 2015 @ 14:21
In the waning trading hours yesterday I wrote “I, for one, believe that there may be adequate activity and the right atmosphere to make this the week that the FTSE reaches 7,000.00.” That’s a pretty bold statement to make on a Wednesday afternoon. Lot’s of pundits might dare to say something like that before a […]

Standard Charter & George Osborne Push FTSE Toward 7,000 Again

Mar 18 2015 @ 11:01
The FTSE 100 is pushing back toward record territory once again today with help from Standard Charter Bank (LSE:STAN) and George Osborne. Approaching 3:00 pm in London, the FTSE is up 1.43% to 6.935.46, moving closer to surpassing its 6,974.26 52-week high. To be clear, Standard Charter and George Osborne are not the only reasons […]

U.S. Markets Take a Dive

Mar 13 2015 @ 13:55
There are still almost three hours of trading time left in New York, but with the Dow down by more than 228 points to 17,760.87, the Nasdaq down 42.02 points to 4,851, and the S&P 500 down 20.26 points to 2,045.9, it does not appear that the day is going to end well. Normally, I […]

Manic-Depressive Markets

Mar 10 2015 @ 15:01
“Like any high-stakes business, the highs and lows can make you a manic-depressive person, if you weren’t that way to start with.” Sounds like someone commenting on the stock market – and anyone involved with it – doesn’t it? One day everyone is euphoric. The next, they are ready to admit themselves to the nearest […]

The FTSE, Maxwell Smart & Roger Bannister

Mar 05 2015 @ 18:09
The FTSE failed once again to soar about the coveted 7,000 mark. However, it closed at yet another record high again today, finishing at 6,961.14. As Maxwell Smart, the infamously inept spy from the mid-1960s TV program Get Smart, would say, “Missed it by that much!” If you weren’t around in the mid-60’s, ask your […]

The Weird World of Barclays Banking

Mar 03 2015 @ 15:33
The share price of Barclays (LSE:BARC) fell 3.22% on the LSE today, closing at 254.30, dragging the nearly record-setting FTSE 100 index from its lofty heights of 02 March back to 6,889.13. The decline today was clearly attributable to two things: the release of the bank’s final results for the year ended 31 December 2014 […]

FTSE Weighed Down By Glencore

Mar 03 2015 @ 14:23
The share price of Glencore (LSE:GLEN) dropped by 3.11% in trading today, closing at 291.20. Since Glencore acquired Xstrata in May 2013 the impact of picking up the coal mining assets has combined with the broader world economic conditions to weigh on the company’s FY 2014 results. Taking the good with the bad On the […]

FTSE, NASDAQ and Russell Hit New Highs

Mar 02 2015 @ 13:10
Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching […]

IAG Shares Gain Altitude on 2014 Results

Feb 27 2015 @ 12:23
The folks over at International Consolidated Airlines Group (LSE:IAG) are on Cloud 9 today as investor confidence was reflected in a 3.66% share price increase and a volume that was 44% higher than average. IAG closed at 580.00, up 20.50 points on a volume of 10.5 million shares traded. The share’s high for the day […]

FTSE Sets New Records on Way to 7,000!

Feb 24 2015 @ 11:03
I’m sitting here watching the clock with one eye and watching the FTSE with the other – just like everyone else involved in any way with the London Stock Market today. Observers have been cautiously optimistic watching the FTSE get closer to the almost incomprehensible height of 7,000. But, lest we forget, in about five […]
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