In Europe, the perspective of the Brexit is clearly now the major topic of financial (and non-financial) comments/commentators. The general idea being that right now in this moment, it is better to avoid dealing with stock markets, because the volatility could increase drastically after 23. June.
Stan Weinstein, basically, doesn't consider the "newsflow" as a criterium to decide whether to trade or not to trade (well, IIRC). And generally, neither do I, considering that "everything is in the tape".
I'm not even sure that the referendum is gonna have such an impact as some commentators say on market. I have some feeling that the real impact is weaker than what the general opinion sais.
Still: considering that I still have a little experience, for this week I decided to stay out of the market. I only have a look on my existing positions (4 positions in 2 accounts for now), but I don't enter.
How do you people deal with that kind of situation, according with Stan Weinstein view of stock markets ?
