Market Not Letting Shutdown Spoil Its Party, So Far

The S&P 500 index keeps going up — defying the potential consequences of the U.S. government shutdown. The index has support at all the old familiar places: 6,550, 6,500, 6,340-6,360, and 6,200. In reality, a close below 6,500 would be disappointing to many and would generate some additional heavy selling. But that doesn’t seem likely at this point. Read Full Article »