FedGov continued to pay off media shills despite default fearmongering.
“On the first day of the “shutdown” of the federal government, when members of the U.S. Senate were going to the well of their house to point out that the shutdown would prevent the National Institutes of Health from starting clinical trials for cancer patients and others facing possibly terminal illnesses, the administration was giving $445,000,000 to the Corporation for Public Broadcasting, according to the Daily Treasury Statement.
Still looking for a push to the 1751 area…however the $VIX did bounce.
No pos….not a big fan of holding over weekend one way or the other.
Have a great weekend one and all! Seawind
JP Morgan Weekend update: http://niftychartsandpatterns.blogspot.in/2013/10/jp-morgan-chase-weekend-update_20.html
10-22 approaches…………………..
US Dollar Weekend Update: http://niftychartsandpatterns.blogspot.in/2013/10/us-dollar-weekend-update.html
SPY Weekend update: http://niftychartsandpatterns.blogspot.com/2013/10/spy-weekend-update.html
I Agree……..just looking for a headfake of sorts so to speak. I may miss some of the move but that’s a ok…
Thanks Amy…Seawind
FedGov continued to pay off media shills despite default fearmongering.
“On the first day of the “shutdown” of the federal government, when members of the U.S. Senate were going to the well of their house to point out that the shutdown would prevent the National Institutes of Health from starting clinical trials for cancer patients and others facing possibly terminal illnesses, the administration was giving $445,000,000 to the Corporation for Public Broadcasting, according to the Daily Treasury Statement.
That means PBS NewsHour, National Public Radio and Sesame Street got a taxpayer subsidy during the shutdown, but not would-be cancer patients at the NIH.” http://www.cnsnews.com/news/article/terence-p-jeffrey/after-shutdown-administration-gives-445000000-corporation-public
The fact that $VIX pushed higher last hour tells me that next week should be nasty.
Still looking for a push to the 1751 area…however the $VIX did bounce.
No pos….not a big fan of holding over weekend one way or the other.
Have a great weekend one and all! Seawind
Looking @ 1751 area for now……
GLTA……Seawind
We will test 1640 sometime next week or the next. Loading up on TVIX