Spreadbetting: FTSE 100, DJIA, Apple, Amazon, Alphabet - Spreadex
In today’s Spreadbetting perspective, Connor Campbell - Financial Analyst at Spreadex, shares the key risk ahead and client positioning into the FTSE 100, DJIA, Apple, Amazon, and Alphabet - noting that the earnings season coupled with the US macro data this week will be crucial for the Dow Jones, and the direction ahead in the above mentioned US tech stocks. Interviewed by Nick Batsford, CEO at Tip TV.
FTSE 100: “Clients selling around 7000, waiting for a sustained dip. Clients expecting a drop before buying into.”
Wall Street: “US Election risk and the interest rate hike depends on the outcome. US GDP figure ahead on Friday another risk. Clients selling around 18200 mark and looking for direction this week.”
Apple: “Clients buying around 117$ mark.”
Alphabet: “Clients have been buying around the 800$ mark. Earnings risk ahead.”
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