scheplick

I just watched Ted Lasso. What's wrong with the UK100?

CAPITALCOM:UK100   FTSE 100 Index
I often find it interesting the ways media and markets work. These big media events may happen in a country or around a specific company, and suddenly, they are the spark that alerts people to the move or the potential. They are the catalyst before the move. The spark.

Even Squid Game on Netflix and how that relates to South Korea. Take a look at South Korean indexes when you get a chance.

What I am saying is, media can have an impact on markets, on people, and generally act as a spark toward a potential move forward. It does not happen all the time, but keep your eyes open. You just may find the next sneaky investment or trade that way.

I recently watched the Netflix series Ted Lasso. This show takes place in the UK and is fairly fun, inspirational, and all around entertaining. It is a nice reminder of the UK, football (not American football), and country in general.

Anyways, after the watching the show I decided to look at the UK100 Index. I was surprised to see that it is still below its all-time highs. A global bull market has just taken place, and yet, the UK100 has gone nowhere. What is going on? It does not look good.

The UK100 Index is one of the few indexes that is actually *STILL* below its Covid all-time highs. Look at it compared the S&P 500 .

Now I'm not sure what to make of this and I could be missing something. So I am sharing this to ideally learn something new. Why is no buying the UK100? Is it that bad over there? Or is it a breakout waiting to happen?

I've just added it to my watchlist!

I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.

Twitter: twitter.com/scheplick
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