Debt ceiling rollercoaster

What a day! After the positive (?) news that there was a debt ceiling deal reached, futures went up big.
Later on, those gains faded somewhat and half an hour after the open of the US market, the ISM Manufacturing number came out way under expectation. Result: a huge drop in no time and we went slighty under Friday's lows. No big bounce as we've seen last Friday, but we did go higher towards the close. The first time in about 5 days we close strong, although still in the red. At least one bullish sign I guess.

Tonight's the big debt ceiling vote. Boehner claims he has the votes, let's see how that works out...

Thursday 07/29: Another win for the bears.

Early on in the day, the market recovered nicely from the previous day. Almost halfway into the session, the bears took control and (except for Nasdaq) we ended at new lows. A very bearish signal, and as I write this, futures are down even more.

Gold, silver, oil, they all came down with the overall market, but only moderate losses here.

In the meantime, most are waiting for more news concerning the debt ceiling while the Republicans delayed the vote which supposed to take place last night. If Boehner doesn't get enough support from his own side, Democrats will probably have their way.

Whatever the outcome will be, it never should have come to this. You can't solve debt by raising the debt limit, that only makes things worse (simple stuff, no?) It took 'them' a damn long time to get that thru their thick skulls... But what will they do about it?