Little has changed with respect to the the ongoing concerns influencing the market. Primarily all eyes are on Congress and the ongoing budget battle. The market has reacted to this concern by pulling back several days last week. Hedging positions and taking money off the table is probably the best course of action as there is no telling how violently the market may react if the budget is not passed.
Reports this week include: Initial Claims (10/3) and Non-farm Payroll and Unemployment Rate (10/4).
Reports this week include: Initial Claims (10/3) and Non-farm Payroll and Unemployment Rate (10/4).
Some of the major earnings announcements on deck: Walgreen and Monsanto
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
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