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Re: Slyder009 post# 944

Monday, 06/27/2016 1:24:01 PM

Monday, June 27, 2016 1:24:01 PM

Post# of 1474
Asia shook off Brexit as no big deal, because in reality the UK does little trading with Asia. Even the U.S. markets have had a muted response. The U.S. markets like to selloff before earnings, so this is a natural time for a selloff. It appears the earnings recession is ending and we will have better forward guidance from many companies that report Q2 earnings. Sets up well for a XIV bounce.