1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Some Recovery Trading – Recovery trading continued until the last hour. – The NASDAQ’s leaders bounced nicely, but they also faded in the last hour. – The announcement regarding President Trump’s Friday press conference on China spooked stocks late in […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. One Step Forward, Half a Step Back – We are back to the old pattern of a break higher one day, a step back the next day. – It’s all a matter of perspective. A headline said that the NASDAQ […]
Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Market Limps Along – Stocks start lower again, reverse to quite decent gains and see quite low volume and breadth. – The DJ30 and the S&P 400 held at the 50-day exponential moving average (EMA) and the PHLX Semiconductor Sector (SOX) held […]
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