Two weeks ago it was the Fed decision on interest rates. That went well, depending on which side of the fence you sit on when it comes to interest rates. This week the market moved within inches of the old highs as we headed into the Brexit vote. Bets were 80% in favor of the STAY side winning and then a stunner. The LEAVE side won, leading to the biggest pullback since worries that China’s economy was slowing.
The drop on Friday was an emotional response to the Brexit vote and the uncertainty it brings to global markets for currencies, bonds and stocks as well as commodities. Investors hate uncertainty and as a result they sold off equities and moved into bonds, the US dollar and gold.
SPX – The Week Ahead – Final Week of June 2016
The week ahead for the final week of June 2016 looks at a variety of topics spawned by Brexit along with some trade ideas and tips.
These include trades for active traders for this week including the SPX guidelines I will be following as well as some stock trades for less active investors who are seeking to earn more profit or income for their portfolios.
Here is the stock market outlook for the final week of June 2016…. the rest of The Week Ahead article is for FullyInformed Members.
Stock Market Outlook – The Week Ahead For The Final Week of June 2016
Members can log in directly through this link to read the investing strategy notes for the week ahead or they can sign in to the full members site here. Non-members can join here or read about the benefits of a membership.
- Review Past Week Ahead Articles (listed recent to oldest)
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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