The stock markets are now surging

wombat42_2

purch wrote: »

............are they still on the 'surge' ????

Well we'll see when Hong Kong opens tommorrow - it might even breach 25,000

wombat42_2

Franko43 wrote: »

my fear is guys this is a mini bull in a bear brought on by the Fed cut. There might be alot of bad news to come yet. The banks are publishing their reports mid Feb so we might get a better idea then. My guess is they may have more bad news..bah humbug...

Well there are probably more interest rate cuts on the way.

tom188

dead cat bounce if ever ive seen one. the rot certainly isnt over yet.

hyposmurf

Asian markets bounce back from Independant site:
http://www.independent.co.uk/news/business/news/asian-markets-bounce-back-772559.html

and FT:
http://www.ft.com/cms/s/0/af07c6ac-c8bb-11dc-b14b-0000779fd2ac.html

m_c_s

Definitely no surge in Europe, indeed Germany is being battered.
Some poor future earnings expected.

[Deleted User]

Negative sentiment is coming to an end the FTSE100 will be over 7000 by the end of the year.

All sales now are a Bear trap IMO.

Banks did very well today after apparently one Director said their profits are on track - I have yet to confirm though.

wombat42_2

Yant1 wrote: »

Negative sentiment is coming to an end the FTSE100 will be over 7000 by the end of the year.

All sales now are a Bear trap IMO.

Banks did very well today after apparently one Director said their profits are on track - I have yet to confirm though.

The surge continues. The DOW is currently up 2.53%. I suspect more gains overnite in Asia.

Mikeyorks

You keep changing that! And you're enjoying it.;)

Not so much a crystal ball .......... more a yo-yo?

ManAtHome

Crystal Ball time (lol) - FTSE surge tomorrow as "les coq sans tete"s follow the NYSE surge which unfortunately happened after the FTSE close (look at the FTSE/NYSE graphs from NY open to FTSE close - wonder why we need a London market sometimes...).

wombat42_2

I think I will be getting poor old PURCH to eat his words about the Hang Seng tomorow. Now that should be entertaining :j :cool: :T :beer: :rotfl:

Still a few tickets left.