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Investing is not so much about being right, it is all about being ready. Being ready to be right, and being ready to be wrong. Being ready for the expected and the unexpected, and for the unexpectable. Being ready to walk alone with an opinion, and being ready for an agreeing crowd if that’s what…
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Most stock markets surged higher after the Brexit panic subsided. If you bought when others were fearful, as we suggested last week, then you must be smiling. The FTSE 100 climbed about 10% from its Monday lows and is already setting new highs for the year. US markets also rebounded strongly. Is it now too…
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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/. *…
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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…
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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/. *…
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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…
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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/. *…
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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…
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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/. *…
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Stock markets have started sputtering right at the obvious resistance levels. To push through or to pull back, that’s the question at this point. Let’s have a quick look at the S&P 500 chart: A push towards 2150 or a retreat to just above 2000, at first glance both appear more or less equally possible…
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LunaticTrader Blog 