What To Watch With The Shutdown Can Kicked

Early signs showed that stocks might rebound and the extension to prevent a shutdown may become support, but as the open nears this morning it is not that clear. Truth is there are a lot of additional things to consider. Let’s look at the top three and how to potentially exploit this momentum stall. First, we are heading into Q3 earnings and that will be a huge indicator for how well companies are stomaching a fraught economy. Financial stocks will be a key factor to see how mid size banks are fairing. Most have overlooked them with the assumption the crisis was averted but they aren’t out of the woods yet. [Headlines are leading traders to the slaughter. If you want the tools to outsmart the herd and fund your financial goals, click here.]( Also, the auto workers strike is continuing and it is testing the big carmakers ability to stomach this disruption. This is on the heals of the writers strike and shows that while companies are facing higher cost for capital in the form of jacked up interest rates, they are also getting squeezed by the workforce demanding more. This autoworker strike is symptomatic of a much bigger issue. Lastly, the shutdown itself tells us we don’t have a consensus on what will happen with government spending. 45 days dodges one bullet but there seems to be machine gun fire coming at the challenge to keep government open. All of this is to same things are a bit fragile. If you can find a single needle in the haystack in the form of a stock that is going to breakout, grab it with caution. The broader trend is likely to be range locked for a bit and it wouldn’t take much to feed the bears and push for a farther decline. Short term trades and smaller positions are smart moves as we head toward the end of the year. Keep learning and trade wisely. John Boyer Editor Market Wealth Daily --------------------------------------------------------------- See Related Articles on [TradewinsDaily.com]( [What To Watch With The Shutdown Can Kicked]( [Chart of the Day: Planet Fitness (PLNT)]( [Potential Good Rally Setting Up]( [With Shut Down Delayed, S&P Sets Up A Trade]( [New Highs for Canadian Oil & Gas Co.]( --------------------------------------------------------------- [TradeWins Logo]( © 2023 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by TradeWins. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading, TradeWins does not recommend or refer subscribers to broker-dealers. You should perform your own due diligence with respect to satisfactory broker-dealers and whether to open a brokerage account. You should always consult with your own professional advisers regarding equities and options on equities trading. 1. The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the "Services") is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by TradeWins Publishing ("TradeWins") a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. The Services are intended to supplement your own research and analysis. 2. TradeWins' Services are not a solicitation or offer to buy or sell any financial products, and the Services are not intended to provide money management advice or services. 3. Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, TradeWins does not make any guarantee or other promise as to any results that may be obtained from using the Services. No person subscribing for the Services ("Subscriber") should make any investment decision without first consulting his or her own personal financial adviser, broker or consultant. TradeWins disclaims any and all liability in the event anything contained in the Services proves to be inaccurate, incomplete or unreliable, or results in any investment or other loss by a Subscriber. 4. You should trade or invest only "risk capital" money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more. 5. All investments carry risk and all trading decisions made by a person remain the responsibility of that person. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Subscribers should fully understand all risks associated with any kind of trading or investing before engaging in such activities. 6. Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Simulated trading services in general are also designed with the benefit of hindsight, which may not be relevant to actual trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. TradeWins makes no representations or warranties that any account will or is likely to achieve profits similar to those shown. 7. No representation is being made that you will achieve profits or the same results as any person providing testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have experienced losses. 8. The author experiences are not typical. The author is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position and other factors. Certain Subscribers may modify the author methods, or modify or ignore the rules or risk parameters, and any such actions are taken entirely at the Subscriber's own election and for the Subscriber's own risk. You are currently subscribed to mwd as: {EMAIL}. Add support@marketwealthdaily.com to your email address book to ensure delivery. [Forward to a Friend]( | [Manage Subscription]( | [Subscribe]( | [Unsubscribe]( | [Snooze](