Jump to content

Was Brexit a Bear Sterns Moment and if so when is the Lehmans shoe going to drop?


Mercury

Recommended Posts

This is the most sarcastic and to the point commentary I have seen to date.  I have to admit I agree with all of it.

 

Doubt it will take another 6 months from Brexit to get the Lehmans moment this time but dangerous to bet against the self delusion of the market and the central bankers just now, got to wait for the turn to show itself.

 

http://davidstockmanscontracorner.com/its-not-just-the-brexit-stupid/

 

 

Link to comment

FTSE is up because US is up and traders are expecting more central bank stimulus, little to do with currency.  In my view the clear and dominate factor driving stock markets is central bank policy rather than fundamentals.  When that stops or when people stop believing central bankers can continue to prop up the world economies and hold back the tide of the natural crash that should have happened in 2008/09 then we will really see something and it will not matter where currencies are at.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      20,705
    • Total Posts
      89,605
    • Total Members
      40,570
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    osamaalabdallah
    Joined 28/11/22 18:27
  • Posts

    • S&P 500, INDEXSP: .INX, NASDAQ-100, INDEXNASDAQ: NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies. US Markets News J. Powel speaks Wed. ADP Wed, a big week for news events Elliott Wave Market Summary: Possible top in place and the next bear trend has started Elliott Wave count: Wave (iii) of i) of 1 Day / Trend Trading Strategies: The main short trade will come on the (a) (b) (c) rally of Wave ii) which will retest 4000 Video Chapters 00:00 S&P500  23:23 NASDAQ 100 (NDX) 24:11 Russell 2000 (RUT) 26:26 Dow Jones (DJI) 35:37 TRIAL Buy 1 Month Get 3 Months Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  
    • Stock Trading: US ETF Sectors SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM. US ETF Sectors. Elliott Wave Analysis US Stocks: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS) Stock Market News: Thecurrent top I was looking for is now in place, confirmed by the SP500 and the USD Dollar Stock Market Summary Elliott Wave There is a top in place and it could be a serious top, the next step is a larger Impulse wave lower to confirm a larger move lower, so far on the Sp500 we have three waves down... Video Chapters 00:00 SP500 / USD Dollar 04:04 Apple (AAPL) 06:17 NVIDIA (NVDA) 07:28  Amazon (AMZN) 10:12 Meta Platforms (META) 11:08 Netflix (NFLX)  11:33 Enphase (ENPH) 12:50 Tesla (TSLA) 14:09 Alphabet (GOOGL)  16:18 Microsoft (MSFT) 20:07 Berkshire Hathaway (BRK.B) 23:10 Block Inc. (SQ)  24:57 Banks JPM, GS, BAC 40:28 TRIAL Buy 1 Month Get 3 Months  Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  
    • In this week’s Trade of the Week, IG senior market analyst Josh Mahony looks to go short AUD/EUR with a stop-loss at 0.652 and a take-profit at 0.6286. He also looks at the recent long GBP/JPY and USD/CNH trades.    
×
×
  • Create New...