October 2013 – What Government Shut Down?

market-expectation-logo

Expectations continue to remain low, which keeps the stock market with an underlying bullish bias.

closed-signOver the past two months the US stock market has been hovering near its all time highs with few attempts at pullbacks only to pop back towards the recently set new highs. This type of market action on a chart clearly shows us consolidation. With any type of market consolidation we should expect it to come to a point and break out into a new trend.

Within hours of the United States Government shutting down, the stock market even in the face of this real fear has only shed fractions. This muted market reaction is common with any Low Expectation environment as bad news is expected while any bit of positive news is applauded.

The government shut down could become the springboard to pushing the market through its recent high. Although a shutdown may occur it is likely some sort of deal will be made and once this happens it the stock market could pop through its recent highs.

As discussed in previous Market Expectation letters; markets have been moving mostly on artificial means making any stock market action extremely volatile. Any participation in these recent and coming stock market moves should be tapered to meet ones risk appetite considering this volatile time in history.

The above and below represents the opinion of the author and do not constitute a recommendation to buy or sell any financial products.

IF THERE IS ANY CHANGE IN EXPECTATIONS OR THE ABOVE VIEW OR TIME SENSITIVE OPPORTUNITIES, MARKET ALERT SUBSCRIBERS WILL BE NOTIFIED IMMEDIATELY VIA EMAIL.

Disclaimer: DISCLAIMERS OF WARRANTIES AND LIMITATIONS ON LIABILITY. YOU AGREE THAT YOUR USE OF THE SUBSCRIPTION AND THE CONTENT AVAILABLE THROUGH THE SUBSCRIPTION IS ON AN “AS-IS”, “AS AVAILABLE” BASIS AND WE AND OUR INFORMATION PROVIDERS SPECIFICALLY DISCLAIM ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATIONS OR WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. In addition, Marketexpectation.com and its Information Providers make no representations or warranties of any kind in connection with the subject matter included on or the use of the Site, and use of the Site is subject to the disclaimers, terms and conditions of use found at the Site.
The Marketexpectation.com is not registered as a securities broker-dealer or investment adviser with any jurisdiction and is not providing any personalized financial, investment or tax advice. Marketexpectation.com cannot assess or guarantee the suitability of any particular investment to any personal situation. Accordingly, you bear complete responsibility for your own investment, financial, and tax research and decisions and should seek the advice of a qualified professional prior to making any decisions based on the Subscription. The Subscription is provided solely for informational purposes, and does not constitute an offer or solicitation to buy or sell any securities. All opinions expressed and information and data provided therein are subject to change without notice. We do not undertake any duty or obligation to update any content of the Subscription to reflect current market conditions or other changes.

Be Sociable, Share!