Home » Musings » Market Musings Tues 11 Feb 2020: Highs Beget Highs: UK GDP Flat: Oil Bounce

Market Musings Tues 11 Feb 2020: Highs Beget Highs: UK GDP Flat: Oil Bounce

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 All Green as US Makes New Highs: UK GDP Flat: Oil Rallies

Last night saw the US S&P and NASDAQ post yet new record highs which sent waves of optimism across the globe: all of the UK markets opened sharply up this am . This despite the flat GDP print at 09:30 this am which was expected. The upward revision for Q3 by 0.5% was a surprise and helped the ebullient sentiment.

Oil's relief rally up 1.8% at pixel helped to lift the beleaguered O&G sectors adding to the FTSE 100's rise as both BP and RDSB did some of the lifting

 

The Market Sentiment and RP Scanner sections are now being updated intraday after the 12:00 market auction

The intraday updates now allow identification of shares making 52 W and  All-Time highs and lows over the past trading day:

these can be accessed via the Market Sentiment Dashboard by clicking on the relevant figures in the Market Internals Section of the dashboard.

The intraday updates will enable trade planning and execution before the market close using more current data.

Figure 2: Daily UK Sector Performance

Figure 2. Daily/Weekly UK Sector Performance

Figure 1: Market Sentiment

Figure 1. Market Sentiment Dashboard
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