Weekend Review By HGSI Doc for 10.06.13
The investment community is being held hostage with the rest of the country by the budgetary deadlock in our nation’s capital. But, alas, high growth stocks gaped down to start the week on Monday and finished with a huge out performance as the NASDAQ led the major markets higher. What will this week bring? The futures are again down big. Do we default in 10 days or will congress do what it does best and kick the issue down the road and come up with a compromise this week? Let’s stop being political for the next hour and take a look at what the markets are telling us.