Market Waiting on Washington’s Next Move

At this point of time, the market will move in the perceived direction of the budget talks. Any inkling of a deal will likely send prices skyrocketing because the selling has been relatively light – there’s been a lack of buyers and they are waiting for safety before committing.

Yesterday’s 100+ point down day was needed to wake Washington up. A few more days like Monday and a deal will get agreed to.

Today’s Potential Opportunities on Further Pullbacks:

Stocks

GCI

ETFs

EWG

For today’s official Daily Battle Plan set-ups click here.

Making You a Better Trader

To improve, you must continuously learn…

The Secrets of The World’s Greatest Traders: Even though this interview with was published over a year ago, it’s insight and wisdom is everlasting.