It has been the big topic in the media recently... I'm talking about the government shutdown. It started earlier this week.

Don't Panic Over the Government Shutdown By Ethan Goldman, junior analyst, Chaikin Analytics It has been the big topic in the media recently... I'm talking about the government shutdown. It started earlier this week. Unfortunately, the political brinkmanship surrounding shutdowns is nothing new. Politicians fight over who gets the blame. Government employees get furloughed. We see reductions in government services. And parks and museums close. Most shutdowns have been relatively short. But the longest one lasted 35 days. It started in late December 2018 and dragged on throughout most of January 2019. Of course, the media sounds the alarm when a shutdown happens – or when one is looming. We've seen that recently. And for many folks, it can be a big deal. As I said, government employees get furloughed. And government services get disrupted. But historically, the markets haven't responded like you might expect... Recommended Links: The Fed Just Issued an Urgent 'Fire Sale' Warning The first cracks are appearing. Some of the world's biggest financial institutions have already dumped more than $112 billion in top-tier assets at discounts as high as 59%. And it could be the final warning of a much bigger event to come. See this "Fire Sale" warning immediately. Rest in Peace: Tesla? Tesla could be about to change forever. On November 6, insiders are warning of a "critical inflection point" that could have a dramatic impact on the stock market. Do not buy OR sell Tesla stock until you have all the facts. Full story here. History Says the Markets 'Brush Off' a Shutdown As regular readers know, we measure the broad market in the Power Gauge with the SPDR S&P 500 Fund (SPY). So let's look at SPY's performance during three of the longer shutdowns... The first one we'll look at happened at the end of 1995. The shutdown began on December 16 that year and ended on January 6, 1996. It lasted for 21 days. During this time while the markets were open, SPY barely budged. In fact, it lost less than half a percentage point in those three weeks... This is by no means an unusual chart. SPY didn't move more than 2% any day during this shutdown. Moving on, another multiweek shutdown happened at the beginning of October 2013. It lasted 16 days. Over that time frame, SPY inched about 2% higher... Again, this shutdown lasted just over two weeks. But the markets remained unfazed. Finally, let's look at the longest shutdown in U.S. history... It started on December 22, 2018. And as I mentioned earlier, it dragged on for more than a month. Of course, when it started, nobody knew how long it would last. So considering how long it dragged out, you might expect the market to have collapsed. But that didn't happen... Amid the shutdown, SPY surged more than 10%. Take a look at the jump higher... Put simply, that's an amazing gain for about a month's time. The average return for the S&P 500 is a bit more than 10% per year. Back in April, my colleague Vic Lederman also noted another point in the aftermath of that record shutdown...   2019 turned out to be a massive year in the markets. The S&P 500 soared nearly 29%. So the next time you see a scary headline about the government shutdown, pause for a moment. As Vic also said in April...   History tells us that these "market ending" events don't always play out like investors expect. Sure, we're not that long into the shutdown. And we'll likely see some volatility. But no matter where you stand on the political aisle, don't let your personal politics – or your emotions – take over your investing. The government shutdown isn't an automatic reason to panic. Good investing, Ethan Goldman Market View Major Indexes and Notable Sectors     # Hld:     Bullish     Neutral     Bearish Dow 30 +0.18% 10 13 7 S&P 500 +0.12% 140 241 119 Nasdaq +0.41% 33 49 18 Small Caps +0.63% 519 1058 336 Bonds +0.29% Materials +1.16% 5 9 12 — According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bullish. Major indexes remain all bullish. *  *  *  * Sector Tracker Sector movement over the last 5 days Health Care +6.75% Information Technology +2.94% Utilities +2.89% Materials +2.15% Industrials +1.97% Consumer Discretionary +1.35% Real Estate +1.06% Consumer Staples +0.22% Financial -0.22% Communication -0.5% Energy -2.97% *  *  *  * Industry Focus Bank Services 32 58 7 Over the past 6 months, the Bank subsector (KBE) has underperformed the S&P 500 by -8.54%. However, its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #8 of 21 subsectors and has moved down 3 slots over the past week. Top Stocks ABCB Ameris Bancorp BANC Banc of California, ASB Associated Banc-Corp *  *  *  * Top Movers Gainers FICO +17.98% COIN +7.48% XYZ +4.65% HUM +3.99% CF +3.95% Losers EFX -8.47% OXY -7.31% AES -7.03% TSLA -5.11% APA -4.71% *  *  *  * Earnings Report Reporting Today Rating Before Open After Close Earnings Surprises No significant Earnings Surprises in the Russell 3000. *  *  *  * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here. You're receiving this e-mail at indra21poetra@gmail.com. For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice. © 2025 Chaikin Analytics, LLC. All rights reserved. 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