There is no doubt that stock markets here in Europe and the US have continued to look through the mounting geopolitical risks across the globe. It has been that way for more than two years now. However, increasingly this analyst is concerned about that and also seeing more and more learned pundits arguing the same. Stocks are not cheap folks and in many cases overvalued by even normal matrix. Yesterday the broadest measure of the US markets: the S+P 500 did rebound immediately after an update here had noted it falling back in early trade. The index lifted from a low at 5,674, to reach a high at 5,719.64. It later posted an almost unchanged close, at 5,709.54. Today the European markets have opened lower and fallen back a bit further. That has seemingly impacted the US opening outlook and just now the S+P 500 is priced to reopen close to 5,690. The question here right now; is can the index rebound again, or will it fold this time around? All to be revealed later today