Market Recap for Monday, June 27th, 2016 And the volatility continues… Although it was a slow day for the economic calendar, post-Brexit volatility was in full effect as stocks dropped for the 2nd day in a row. Stocks were down across the board as the major indices began the day with a gap lower. Once Friday’s lows were broken, the E-Mini S&P was in a virtual free fall. But after sliding 18 points, the S&P sound support around 11am ET. Stocks then spent the rest of the session in a choppy range, trading above session lows. The S&P eventually found support around the 2000 mark, finishing the day at […]
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