25 September 2013

SP 500 and NDX Futures Daily Charts - Marking Time Before the Budget Showdown


Stocks were meandering around today, without much conviction, as the comedy of modern government played out in the US capitol.

I expect that the budget showdown will come to little or nothing, more symbolic than substantial, but it might not. And so like the markets I sit and wait, hoping for the best but prepared for the worst.

But the same can be said of so many more important things that the bloviated egos of pompous and distant men and women.

Have a pleasant evening.