1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. News Regarding China Shakes Up Markets – China’s new case data change stalled stocks for a bit before they rebounded. – Stocks recovered well, but struggled late in the day as the Fed, after a big repurchase operation (repo) in […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Repo Time – The NASDAQ led large-cap indices to modest new highs. – Once again, the S&P 400 and the Russell 2000 Index (RUT) have lagged. The PHLX Semiconductor Sector (SOX) looked somewhat decent. – Real wages have increased, as […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Earnings Season Continues – Facebook (NASDAQ: FB) struggled as did stocks, but they then caught a bid and rallied back. – The DJ30 and the S&P 400 tested the 50-day moving average (MA), but the NASDAQ and S&P 500 did […]
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