The last three weeks have seen the UK’s UK 100  blue-chip index of shares bounce over 300 points (+4.1%). And it’s still pointing north. Impressive when you consider we’ve had multiple events, some of which tragic (Las Vegas attacks) and others more political (Catalonia referendum) which one would assume could scupper the uptrend.

But it’s not just the UK’s UK Index that’s been on a tear. Last night saw US bourses extend their winning streak on Wall St with the S&P 500 breaking a 20yr record for consecutive record closing highs (eight) and the Dow Jones Industrial Average making it a 46th fresh record all-time high (non-consecutive) for the year.

Many keep calling the top of the market (“it can’t possibly go any higher“), however, we’ve been here more than a few times this year. 43 for the S&P, 46 for the Dow and a whopping 54 for the Nasdaq in fact. How many more record highs will we see before Christmas? Is this just the beginning? If not, what will be the catalyst to put an end to this trend?

Since last year’s UK Brexit referendum an impressive 44% of UK 100 companies have posted fresh all-time highs; 38 this year, 30 since the beginning of the summer and 14 in the last six weeks. That said, a number of shares – many of which household names – remain within touching distance of 2017 lows.

For example, BT shares are down 30% from their 2017 highs and just 1.5% from their 2017 lows. Barclays has fallen 22.2% from this year’s highs and remains just 3.9% from its lows. Are these attractive moves and levels for you to consider investing or trading? If you want know about any other shares, drop me a line. I have all the numbers to hand.

Whether you’re bullish or bearish on the markets, there has arguably never been a better time to be agile and proactive. If this rally is to continue, should you buy more, diversify? If you believe we are set for a correction should you consider a shorting facility to hedge, or indeed trade the downtrend and profit from a falling market.

If you’ve been sitting on the side-lines, you’ll have missed out on a lot. How much longer are you prepared to wait?

Do you want to know about shares trading multi-month lows? Do you want breaking news brought to you by a knowledgeable trader? This week alone we have seen Monarch airlines go bust, resulting in a rise for easyJet and Ryanair. Our clients knew about this quick sharp. You?

Teresa May pledged another £10bn for the UK’s Help to buy scheme benefiting helping a few of UK house-builders to fresh 2017 highs. Again our clients knew about this as soon as it hit the wires. Did you miss out? Again?

If you fancy a highly professional and premium trading service without the premium price, get access to our award winning market research to ensure you have all the information you need at your fingertips and have a chat with me about what we can do to help you trade the way you want to.

It won’t cost you a penny and as the old saying goes, “knowledge is power”.

Have a great weekend,

Christopher Peters, Trader, 6 Oct 2017