Image source: Getty Images
The FTSE 100 has enjoyed a stellar year, so far. Up 10.7% since 1 January, it’s outperformed multiple other major blue-chip share indices including the S&P 500 (up 7.3%), Nasdaq (up 8.5%) and the Nikkei (up 3.2%).
In that time, it’s touched record highs, approaching 9,200 points over the past week. And it looks poised to hit new all-time peaks given strong demand for undervalued UK shares.
Or does it?
Data from IG suggests that investor sentiment may actually be turning against the Footsie — it shows shorting activity involving the index rose 34% last month. Shorting involves traders borrowing an asset and selling it, on the hope of buying it back more cheaply later on.
But what are the chances of a full-blown correction? And what steps should I, as holder of FTSE 100 stocks, protect myself from such an event?
Red lights flashing?
On the one…
