AM Update

RMS  [stock_market_widget type="inline" template="generic" assets="RMS.L" markup="{name} ({symbol}) is trading at {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"] has continued its stunning rise after yesterday's close up over 100% to start the day up another 125%. The BRH [stock_market_widget type="inline" template="generic" assets="BRH.L" markup="{name} ({symbol}) is trading at {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"]announcement of Friday 23rd Oct on RMS nano coating use in COVID-19 surgical masks continues to bolster both shares with RMS being the clear winner here thus far in percentage terms: from close Friday of 0.88p, RMS touched 4.7p this am before pulling back as traders took profits in the x5 move over two days

Pre Market 07:15 Update

UK futures show a mildly positive start to trading with FTSE 100 futures up 20 points at  5810 following a weak Asian overnight which carried the selling from the US where all US indices closed sharply lower though off their intraday lows

Monday’s price action saw broad selling across Europe as Covid fears likely curbed risk appetite. In the UK the mag cap index lost 1.6% while the FTSE 250 , just newly north of tis 200MA, did a volte-face and sold-off 1.7% in a bearish engulfing day on Friday’s rally. This may well prove to be  a bearish rejection of the 200 MA and signal more selling

AIM continued to outperform with the ALL-Share losing just 0.4% maintaining its bullish bias

As the day progressed and the US joined the fray, selling broadened and deepened and sentiment scores started to register the increase in fear; the VIX spike above 30 for the first time in xxx while the CNN Fear and Greed Index tumbled from a value off 66 to a 44, a very significant one day change

26 companies have reported earnings including BP, HSBC, BNC,  PLUS, WTB