FTSE 100 up 2% today. probably due to the pound dropping? VIX much lower and US markets still on a tear up. but when this reverses and it will likely VOD will take a hit. i'm seeing a double intra-day double top on the S&P 500. maybe this is the start of a pull-back.
i bought back some yesterday at 18.83p so this pull back from 20p was quite welcome for me as it enabled me to buy some more back. but i wish i never sold in the first place as i'm paying more to get back in. but today's news was good.
oil having a bad day. little sign of any bounce so far. API data out at 9:30pm.
FTSE 100 up 2%. looks like the pound drop today quite a bit. i sold VOD at 139.3p then 139.56p but i did an ok trade buying TALK at 101.16p (closed at 102.2p). VOD wasn't looking so bullish yesterday so today's rise could reverse before end of week. S&P 500 is up 17.5% off the low in December. surely overbought? i hope it doesn't pull oil down with it when the pull back comes.. bought back some ENQ. SP didn't stay above 20p for very long. i blame Ammu for not not ramping enough.
Mrd you sold 50k PMO at 73.5p yesterday? its only up 1 penny. and i bet you didn't sell any this morning at 76p. TALK looks a good buy anywhere near the £1 level. if you like telecom stocks. i sold VOD this morning c.139.5p