Monday, 16 April 2007

Today eventually, the FTSE100, hit a new high after nearly three months, and it's showing a healthy gain as I am typing. Later on today before the US market opens the Retail Sales will be out and an Ex-Auto figure of 0.7% is expected compared with -0.1% the previous month.

Tomorrow, after the close of the US market, some heavyweight companies will be releasing their 1st quarter results, namely Intel, IBM and Yahoo. So I would make sure that I would not be running big CFD postions on these stocks unless I was pretty sure of the outcome!!

All the major world markets made good gains overnight, with the Nikkei being the top gainer - ASX200 once again topped its previous high. The US futures are showing up at the present.

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