Brexit keeps killing the US market, should I be worried?

[Randy B]

It is the second trading day today after Britons voting to leave the European Union and US stock market is still going down. How long will it take to pull back? I am not sure if anyone has a proper answer for it.

At situations like this, people start panicking and start selling their stock as if the market will never pull back. Many of them are right due their decisions to buy well performing stocks at peeks, but not all of them.

Well, should I be worried? For me, no, I do not need to worry as I never buy high flying stocks. So I feel very safe in situations like this as I know my stocks will pull back soon. Its just a matter time,...

I think we all should adopt at least basic value investing ideas by Benjamin Graham even if you are very enthusiastic about technical analysis like myself.

I believe that is a valuable lesson for new comers here.

I am sorry that I do not talk about markets other than stocks, but its simply because my knowledge is limited to stocks.

 

[Signalcalc]

Well according to some EW technicians, we have just started a multi-decade long bear market (started middle of 2015), others say that it will start in around 5-6 years time and last for a few decades.

 

[kalott]

It is the second trading day today after Britons voting to leave the European Union and US stock market is still going down. How long will it take to pull back? I am not sure if anyone has a proper answer for it.

At situations like this, people start panicking and start selling their stock as if the market will never pull back. Many of them are right due their decisions to buy well performing stocks at peeks, but not all of them.

Well, should I be worried? For me, no, I do not need to worry as I never buy high flying stocks. So I feel very safe in situations like this as I know my stocks will pull back soon. Its just a matter time,...

I think we all should adopt at least basic value investing ideas by Benjamin Graham even if you are very enthusiastic about technical analysis like myself.

I believe that is a valuable lesson for new comers here.

I am sorry that I do not talk about markets other than stocks, but its simply because my knowledge is limited to stocks.

dont worry the pull back is on the way


http://www.telegraph.co.uk/news/wor...86856/Donald-Trumps-plan-to-save-America.html

 

[Randy B]

Its time to buy Apple and Microsoft, what do you think?

 

[counter_violent]

Its time to buy Apple and Microsoft, what do you think?

The only markets you need worry about are the European Ones.
The rest may bobble around a bit and then steady themselves.

 

[mlawson71]

To be honest, I don't think we'll see a full pullback anytime soon. With the UK likely leaving the EU the market will probably contunue moving to the downside.

 

[Solas0077]

Well according to some EW technicians, we have just started a multi-decade long bear market (started middle of 2015), others say that it will start in around 5-6 years time and last for a few decades.

Same they said in 1995 before the longest bull run. EW is for losers.

 

[Solas0077]

To be honest, I don't think we'll see a full pullback anytime soon. With the UK likely leaving the EU the market will probably contunue moving to the downside.

An excellent article in PAL Blog today about the pullback. Worth reading.

 

[Atilla]

It is the second trading day today after Britons voting to leave the European Union and US stock market is still going down. How long will it take to pull back? I am not sure if anyone has a proper answer for it.

At situations like this, people start panicking and start selling their stock as if the market will never pull back. Many of them are right due their decisions to buy well performing stocks at peeks, but not all of them.

Well, should I be worried? For me, no, I do not need to worry as I never buy high flying stocks. So I feel very safe in situations like this as I know my stocks will pull back soon. Its just a matter time,...

I think we all should adopt at least basic value investing ideas by Benjamin Graham even if you are very enthusiastic about technical analysis like myself.

I believe that is a valuable lesson for new comers here.

I am sorry that I do not talk about markets other than stocks, but its simply because my knowledge is limited to stocks.

You should be worried and your analysis is wrong to start off with. The Brexit vote has nothing to do with whether you buy high flying stocks or not. Is that the only impact assessment you derive out of the Brexit?

What ever your portfolio consists of, you should look at the value of trade conducted with the EU and other countries and try and assess currency impact on earnings.

Then it's likely to be legislative or regulatory impacts on Trade as and when they become clearer. If you are in property, whilst some may freeze investements others may find this an opportunity to buy further in the UK as the pound has fallen so much.

If stocks held are import and food based then how much of any rises in costs are they likely to pass on to consumers and impact on demand for goods due to price increases. Look what happened to demand for iphones in Russia when the Ruble devalued over a year ago.

Right now no one has a proper answer to anything.

There is only uncertainty of outcome!

One of my favourites at the moment is BRBY. Either they'll benefit from a fall out from depreciation of the pound or they'll be as they are before pending a turn around in BRICS fortune - China in particular

There is of course the chance we enter into a second dip recession in which case it'll be back to counting gold sovereigns again.