Markets fell on the brexit referendum result and fear seems to be all over the place in what looks like a kind of Stockholm syndrome. But what most commentary failed to mention is that the FTSE 100 was actually up 1.9% for the week. EU stock markets took the biggest beating, so it looks like… Continue reading Buy when others are fearful
Month: June 2016
Outlook for Week of June 27
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of June 27
The Brexit opportunity
The highly anticipated Brexit referendum is coming up, so the topic will dominate the news and the markets this week. I want to give some comments on aspects that got lesser attention and then move on to my weekly stock market chart. For weeks (if not months) every drop in British stock prices or GB… Continue reading The Brexit opportunity
Outlook for Week of June 20
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of June 20
To fear or not to fear
Markets keep hesitating and a pullback seems to be starting. Nothing unexpected. Meanwhile the official media keeps rehashing the “Brexit fear” meme ad nauseam, and that theme will probably dominate the financial news for the next few weeks. Whenever the FTSE 100 or Pound is down it gets conveniently blamed on “Brexit fear”. And whenever… Continue reading To fear or not to fear
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