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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

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Monday, January 22, 2018

Congress Stages an OPEN/CLOSED "Revolution"

It's a good thing that OPEN/CLOSED signs are double-sided and can be easily flipped.

After a 3-day government shutdown, the Senate and House passed a temporary 3-week Continuing Resolution to continue funding the government through February 8th...it's now on its way to President Trump to sign (N.B. signed later today).

So, the OPEN sign is displayed, once again, but like a revolving door, the CLOSED sign will magically re-appear if the 2018 Budget is not passed by February 9th.

Caution...more political theatrics to come! 👀




Here's how the Major Indices closed today (shaking off the political sparks)...all at record-breaking all-time NEW highs and closing highs.