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Stocks On Watch, Trade Setups &

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Markets Celebrate A Government Shutdown With A Rally

The stock markets apparently welcome a government shutdown. The stock market

is in rally mode on the first day the U.S. government has been shut down.

The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is trading at $169.26, +1.16

(0.69%).

“Have a peaceful, purposeful, happy and profitable day”

Pierre A Pienaar

Xcelwealth Store - Business & Investing

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I retired in 2011 from trading and business.

I would like to share my passion, my interests, knowledge & experiences in Forex,

Options, Gold Investments, Futures, Stocks, Binary Options, Economics, Life-long

Trading Education, Finances, Business, Stamp Collection, Sports, Gardening, Reading,

Photography, and Politics

So could the market actually welcome a shutdown? I think it is more complex than

that. The market is analyzing the Debt Ceiling fight which is on the horizon. The

feelings are that the government shutdown and Debt Ceiling fights are being rolled

into one. For President Obama to get his way on the Affordable Care Act

(ObamaCare), he will have to allow the Republicans to cut some more spending to

allow the Debt Ceiling to be raised. I know it seems warped, but the market is

looking at the bigger picture and is liking what it sees.

Source: Gareth Soloway

Chief Market Strategist

IntheMoneyStocks

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