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… Continue reading LT wave for July
Category: Financial Astrology
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
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
LT wave for June
Stocks had a strong week and the S&P 500 is coming close to its April highs. We warned for another strong upswing in our post last week, and that’s what we got. The odds for a further rally have improved again, but the April highs are likely to offer resistance on the way up. Here… Continue reading LT wave for June
Slow slide
Stocks had a quiet week, extending the slow slide that started in April. Will the selling intensify? We have a few more days of lunar red period to go, so if it does it may come sooner rather than later. But if every dip continues to be bought, as seems to be the case in… Continue reading Slow slide
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