Home » New Musings » Market Musings Wed 11 Nov 20

Market Musings Wed 11 Nov 20

Pre Market 07:15 Update: US Mixed, Asia Up, Oil, Copper Firm

FTSE 100 futures flat to positive, VIX drops below 25 as sentiment improves : Asian indices rallied following a mixed US session where the Dow Jones continued to rally while the NASDAQ was flat as rotation continues

Commodities remained strong overnight and held recent levels supporting the return of economic activity implications of the recent vaccine hopes.

FTSE 100 and FTSE 250 both extended gains yesterday as Travel & Leisure,  Banks, Insurance, Oil and Gas and Beverages outperformed with the rally broadening

The CV 19 Predominantly AIM stocks continue to underperform with many of the Pharm stocks down double digits including RMS - see yesterday's RPG Daily

 

UK Sector Price Performance 1 Day / 1 Week

Click to enlarge

Companies Reporting Tues 10 Nov 20: 24 companies reported

Companies reported by 07:15 below including in the FTSE 100, BA., FLTR, CCH and GPOR in FTSE 250

 

 

 

 

Pre Market 07:15 In Charts

FTSE 100 continues to look bullish as index approaches pre CV19 highs from June as a key area of resistance

 

FTSE 250 has broken-out to new post CV19 Highs

 

AIM All-Share signalling  potential reversion having made a double top and retreating: a break and close above 1000 invalidates this

FTSE 100

 

Click to Enlarge

FTSE 250

 

 

AIM All Share

 

 

 

 

Follow donncha:
Financial trader, technical analyst, author and blogger. Trading full time for 13 years.
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