New MoneyFlow Trade
Another year, another government shutdown.
Barring some last-minute deal between Congress and the White House, the US federal government will be shutting down at midnight.
Should we be concerned?
Probably not.
The market is down slightly as I write this, but the market is hardly in panic mode. We’ve been through this enough times to know it’s all absurd kabuki theater. The government will eventually be reopened and the clown show will continue.
There is an outside chance this could snowball into something severe. And if it does, it does. We’re protected with our stop losses and could even profit from any upheaval via our seasonal trade in volatility (more on that later).
Today, we’re going to do what we always do. We’re going to tune out the noise and follow the money.
This week, we’re revisiting an old friend.