Brexit Broke the Stock Market — But One Sector Remains a “Buy”

by Greg Guenthner
Daily Reckoning

Traders are flying their crazy flags as Brexit voting begins today.

The stock market has turned into a rush hour traffic jam this week, complete with rubberneckers clogging up the works every time a new poll comes out indicating that Britain might vote to leave the European Union.

Yesterday’s morning melt-up was interrupted by another one of these stupid polls. A couple of news outlets reporting on a possible Brexit win is all it takes to torpedo any rally in this environment…

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