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


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… Continue reading Hesitation