Brexit, Schmexit: Why Stocks Are Still Range-Bound

To Brexit, or not to Brexit? That is the question. For months, markets everywhere have been patiently waiting for Thursday when we find out the actual result of the much anticipated Brexit vote. While that is the latest headline du jour, the important fact is that the benchmark S&P 500 is trading in a long sideways pattern for the past year and many other indices are trading at the same levels as they were in 2013 and 2014! So stocks are still range-bound as they wait for the next bullish cataly...