Facts:
- The U.S. Senate has passed the first bill needed to reopen the government (by a vote of 60 to 40).
- On Sunday, Donald Trump publicly floated the idea of granting $2,000 to Americans from the tariff revenues collected by his administration.
Recommendation:
Long position on US500
- Take Profit (TP): 6930
- Stop Loss (SL): 6710
Opinion:
Following Friday’s sharp correction, the crisis in the indices appears to have been contained—at least in the short term. At the start of the week, the markets received two key catalysts for further growth. One of them is the potential end of the U.S. government shutdown and the restoration of federal funding. The U.S. Senate has passed the first bill required to reopen the administration (by a 60–40 vote), and media reports suggest there are now enough votes to break the deadlock.
Another boost came from President Donald Trump’s public speculation about granting Americans an annual $2,000 payment funded by tariffs. While the proposal remains uncertain and has little chance of materializing, it nevertheless improved market sentiment, with U.S. indices recovering Friday’s losses. Additionally, the earnings season has proceeded smoothly, with only a few negative surprises.
Given the above, we recommend opening a long position on the US500 index at the market price, while also setting a stop-loss order to minimize the risk of potential losses.
