Back above the 200 day MA in the process
The S&P index has clawed back the declined and trades at unchanged levels. The low reached 2731.23. The high just extended to 2753.10, which was good enough for a tiny gain on the day. The move higher has taken the price back above the 200 day MA at 2744.23. That remains the barometer for the bulls and bears today.
Pres. Trump is out with a tweet saying:
Perhaps the expectation of him signing the bill is helping to give the stocks a boost (although most expect that he does not want to go down the govt shutdown path again, but he may not like the "pork" in the bill either).
