- Government Shutdown Day!!!
- Market's been slowly leaking downward supposedly over the fear of this day. My guess is that they do a Continuing Resolution and the market gets a brief rally until it realizes that the October 17th Debt Limit is fast approaching. This is all complete nonsense. Oh well.
- Leaning to the short side on any rallies which fail short of new highs.
- Looking for the August lows to be taken out and the June lows to be challenged.
- Presidential Cycle below.
Midweek tedium
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US equity indexes closed on a positive note, SPX +23pts (0.4%) at 6061.
Nasdaq comp' +0.2%. Dow +0.7%. The Transports settled +0.2%. R2K +1.1%
SPX - dail...
35 minutes ago