Off the Charts

The S&P dropped 0.85% Monday after there was no progress over the weekend toward resolving the government shutdown. Both sides have dug in their heels, and all indications seem to be that the negotiation could go all the way up until the debt ceiling deadline on Oct. 17. The Dow and Nasdaq were even weaker today, dropping 0.90% and 0.98%, respectively.

The headlines have been growing more ominous since the government shutdown went into effect, and now the technical damage is starting to add up as well. The financials and homebuilders remain two weak and troublesome sectors, and even high-beta tech, which has been a bright spot for traders over the past few weeks, is starting to weaken. Stocks like (AMZN), Google (GOOG) and Apple (AAPL) are trying to hang onto bullish composure, but the action remains unconvincing....648 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.