Technical analysis from Covestor portfolio manager Bill DeShurko.
Shutdown diminishes chance Bernanke or successor will tighten policy soon.
We like stocks that pay us to hold them.
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A careful read of technical indicators speaks volumes about the market.
The economic picture is to cloudy for the Fed to end monetary stimulus quickly.
A modest P/E ratio combined with high yield has the potential to offer both a defensive position in a market correction and capital appreciation.
Getting more cautious.