Cooperation is essential to address 21st-century challenges; you can’t fire cruise missiles at the global financial crisis.

Nicholas D. Kristof (NY Times columnist, 10/23/2008)

I’m low on creative energy this morning so I don’t have some creative story to share.

I can give you an update on the course:

The main course is all filmed and edited (hooray!)

I haven’t timed it out, but it’s around two hours. Really condensed (think “just the facts”), with a lot of my personality weaved in. 

What I’m doing this week is creating some supplemental material that’s helpful to the main strategy but not necessary if you already have a background in options trading. For those who don’t have options trading experience, I’ll have guides to help.

I’m really pushing to get the whole thing done (main course + supplemental guides) by next Friday so I can open the doors around the 13th. That’s not set in stone, just a goal I have. It’s possible things will come up that set me back, but I’m barreling through as much as I can as fast as I can.

This has been a labor of love and I can finally see the light at the end of the tunnel.

No stopping now, gotta keep pressing on.

Anyway, on to the headlines:

Today’s Macro Headlines (Source: Yahoo Finance)

Billions of dollars in lost output are at risk after lawmakers fail to reach a spending deal.

Why it matters …

Let the games begin!

From the article…

“Economic effects might be noticeable quickly as government spending largely ceases and economic data gets delayed, starting this Friday with what was scheduled to be a jobs report from the Bureau of Labor Statistics. These impacts could be mitigated if the stoppage ends promptly.”

There are a lot of government workers who have the day off today, and probably the rest of the week. I expect some market volatility and probably some red days. We are not likely to see strong upward moves during a shutdown, but the market largely expects it and also expects a resolution within a week or two.

Index Snapshot

See the Legend in the footer below

Comments: The almanac predicted a bullish day today, but did not count on a government shutdown. The pre-market shows a red opening with a bit of flight to quality with gold and bitcoin moving higher. Look for opportunities to buy a dip. Some government dependent companies may have a larger dip than others.

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