Off the Charts

The vaunted government shutdown went into effect this morning, and wouldn't you know it -- the market finally bounced. After finishing negative on seven out of the last eight days, the S&P finally staged a meaningful rally, finishing up 0.80%. The Nasdaq once again showed relative strength with a 1.23% gain, while the Dow lagged with a 0.41% bounce.

Some of are saying the market bounced because the shutdown is expected to be short-lived, some are saying the market doesn't care that the government is closed. I say, more than anything, that the market was simply due for a bounce. The S&P gapped up only slightly after futures indicated higher overnight, but got back in motion to the upside right out of the gates. After an early afternoon swoon, the index also surged in the final minutes of the session....689 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.