S&P 500 Futures Prediction for June 28, 2016

The E-mini S&P 500 Futures (Sep. Contract) will settle at or below 2038.80 on June 28, 2016 with a 87.36% probability. I estimate a bottom “safety net” at 1952.38. The Brexit turbulence is still creating significant enough uncertainty that my predictions are not as tight as they usually are. This is due to the wider than usual swings of the market. However, I believe this … More S&P 500 Futures Prediction for June 28, 2016

US Stocks Plunge 3% on Brexit; Worst Day Since 2011

U.S. stocks traded sharply lower Friday in a global risk-off trade after Britain surprised markets by voting to leave the European Union. U.S. crude oil futures settled down $2.47, or 4.93 percent, at $47.64 a barrel. The S&P 500 and Dow Jones industrial average erased year-to-date gains and joined the Nasdaq composite in negative territory … More US Stocks Plunge 3% on Brexit; Worst Day Since 2011