Let's see how accurate we are in predicting the US stock market performance on Monday, after the Brexit vote and large drop on Friday. The poll will close at midnight CDT so you can't wait and see what the European markets do first. Note - I've always bee terrible at predicting these things, one of many reasons I'm not rich.
I guessed the Brits would leave, so did well shorting on Friday. I will say Monday will be a down day followed by an positive Tuesday. I feel the economy is very weak world wide because of debit at all levels. I see deflation, not growth.
I see a rally in stocks around companies that operate mostly in the USA, with big gains in the civilian gun and ammo, security, logistics/shipping, defense and petroleum sectors.
I think that's a really good call. The rest of the markets might break even day with some gains in British blue chips. Sent from my iPhone using Tapatalk
European markets will be down, US markets up and Asian markets all over the place. I see this as a buying opportunity.
I was just checking that. US futures are down by around 100 points. European markets are down by about 1% and Asian markets are mixed.
Interesting - I have been buying new firearms. I do not intend to use any of them - they are increasing in value 5% to 10% per year if you leave them new in the box. Better than any of my money market of CD investments.