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The government will NOT shutdown by October 1st
After what has basically been an up only trend due largely to the media
We saw today, a SHARP move back down, over a 10% move on the NO shares
This is due to a private between Democrats + Republicans and the President in the Oval Office on Monday September 29th
Gut instinct continues to be NO shutdown, and more so NOW because of Trumps comments to FIRE federal employees during said shutdown
I like the risk / reward here.
Bought more shares
&& I do feel anything under 40c on the NO is a nice 2.5x potential opportunity
Especially with the minimal time table for it.
Historically the deals have come in the last minute, stopping said government shutdown.
There’s been 4 shutdowns since 2013
- 2019
- 2018
- 2018
- 2013
There’s been 12 of the last 21 Shutdown “Threats” being resolved within the final 24 hours before shutdown.
The other 4, within days, and 1 outlier was 35 days prior to shutdown.
So this coming down to the wire is on par with every other instance.
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