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Why 95% of Traders Fail

FTSE BrExit Stock Market Panic Crash Resolves towards New All Time Highs

Stock-Markets / Stock Markets 2016 Oct 04, 2016 - 09:21 AM GMT

By: Nadeem_Walayat

Stock-Markets

Remember how BrExit was supposed to trigger a stock market crash, collapse, bear market, with the mainstream press's panic reporting Brexit morning (June 24th) following the FTSE's early morning 5% mark down in the wake of the UK voting to LEAVE the EU.


At the time I covered how the FTSE faired during Brexit night and morning in the following video:

Whilst my video of early August updated my consistent view of where this stocks bull market was heading.

So where does the FTSE stand today, has it collapsed to a new bear market sub 5000 low as a number were advocating? After all BrExit DID happen. We'll as I write the FTSE is trading above 7,000 at 7,057! A trend that very, very few saw coming for reasons I will elaborate in a moment.

So what is it that apparently most are blind to? We'll it has to do with LINEAR thinking, HUMANS are LINEAR THINKING MACHINES, when instead humanity has been immersed in an EXPONENTIAL INFLATION trend and I don't just mean PRICE INFLATION! I will elaborate further in-depth in future articles and videos including exponential mega-trend investing. So ensure you are subscribed to my always free newsletter AND youtube channel for notification of, as I reiterated in the above video that we are probably not even at the half way mark where this stocks bull market is concerned, and it could end up trending far higher than that to levels that are even difficult for me to imagine today!

Donald Trump

And here are my two most recent videos on the US presidential election

Also my next in-depth analysis will conclude in a short-term trend forecast, but as you can imagine Trumps mouth and tax returns and the potential revelations of Hillary's secrets are creating a vortex of uncertainty.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2016 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Yuriy
04 Oct 16, 21:29
big elephant in the room?

I do not understand why you are bragging about souring FTSE stock market that has little to do with UK economy and Brexit and more with dropping pound sterling and recent QE.

My analysis shows that we are now going all the way down to 1.00 per USD.There is a high chance of seeing 30% pound devaluation.

For most of people this will result in a huge drop in their disposable income. And only after, we will start facing GDP slowdown or something as you wrote in one of your previous articles.


Nadeem_Walayat
05 Oct 16, 06:16
Hindsights wonderful

The point is this - the Bank of England and IMF said Brexit would mean a stock market crash, housing market crash (20%) AND sharp drop in sterling.


Yuriy
05 Oct 16, 22:57
lets wait and see

IMF and BoE predictions still have plenty of time to materialise as GB has not even triggered article 50.

And even the immediate knee jerk reaction of 13 % sterling devaluation and subsequent value reduction of all housing stock vs dollar despite interest drop and more QE is hardly an ignorable blow.


Nadeem_Walayat
06 Oct 16, 17:08
Domestic Prices

That's like saying goods and services in the shops are now 13% cheaper.

It what happens to domestic prices that counts, if house prices had fallen by 13% THEN that would be a problem, not a forex 13% drop that has no negative local ramifications other than it will push house prices higher !


Yuriy
11 Oct 16, 18:46
made in china

We are not done with pound devaluation.....parity against usd is the minimal target.

why do you think house prices will rise? London maybe, but not blackpool, etc as most people who buy houses earn in the same currency.


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