9:00am (EST)
Unless the wheels fall off the wagon, the bulls are on track for a Sweet September but the bears have been making a little noise as we wind down the month and wait on the zombies. One of the knuckleheads decided to do a talkathon and spoke for over 20 hours from Tuesday into Wednesday in an effort to defund Obamacare. Senator Cruz from Texas even read Green Eggs and Ham to occupy the floor from sundown to sunup and into lunch yesterday. We couldn’t make up this stuff if we tried.
The battle over the debt-ceiling and the budget has caused some weakness in the market but once they got the zombie off the podium, it appears as though our government is trying to do some more can kicking into November to avoid a crisis. The bulls may have come up empty on the scorecard but there were signs of strength.
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