Invest and Trade Profitably with Jon Johnson

Weekender for 8/14

1. Market Summary Futures Up – Futures up, hold gains on Producer Price Index (PPI) weakening — in some aspects — then reverse the gains. – PPI shows some lower prices but still big gains in food and other key areas. – Jobless, continuing claims continued higher. – Stocks surge, reverse with key names showing […]

Weekender for 8/7

1. Market Summary Slower Session as the Wednesday Rush Cools – Slower session as the Wednesday rush cools Thursday ahead of the jobs report. – China overreacts according the Administration. – BOE surprises with a rate hike, US Fed members continue to promise no pivot this year. – Jobless claims, continuing claims rise, data still […]

Weekender for 7/31

1. Market Summary Cognitive Dissonance, But Who Cares? – Even with some big-name earnings misses and a second negative GDP print, stocks rally. – Missing is good, negative GDP is not really negative. Hello? “1984”? – Cognitive dissonance, but who cares? – GDP in the red for a second straight month, but be comforted — […]

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