Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
This is going to be very tiring in a few weeks…after this morning’s selloff, we had these comments to lift the S&P 500 up 5 points in minutes:
BOEHNER SAYS WILLING TO PUT REVENUES ON THE TABLE IF ACCOMPANIED BY SPENDING CUTS, OPTIMISTIC DEAL WITH OBAMA CAN BE REACHED
Of course that is nothing new but it’s just a market dominated by these politician comments.
EDIT 10:42 the entire gap down just got filled – more crazy action.
Disclosure Notice
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog
