1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Panic and Despair Grips the Nation – The Fed fired another cannon shot, but this is a battle that it cannot win alone. – Congress is dithering when the economy needs immediate action. – The market is pricing in a […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. What Goes Up? – The day higher, day lower pattern continued when Thursday shifted to the downside. – Markets shifted back to weaker trading. Meanwhile, bond yields are lower, gold is higher, the dollar is weaker and stocks are down. […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Rising From Ruins? – A lower open saw stocks start to rebound. Then, they didn’t. – A change in the news scuttled a rebound attempt. – The DJ30 and the S&P 400 gave up the last part of the liquidity […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Some Selling in the Favorite Names – Stocks felt some selling in the favorite names. – When Apple (AAPL) sales were called into question, the market dove but then recovered much of the lost ground. – Small and mid-caps led […]
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 […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Not Necessarily Great Economic Signs – Stock action has improved with low to high gains and the stocks that stumbled on Wednesday have showed stronger action. – There has been excellent action in response to good earnings both during the […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Unstoppable Rally – Stocks bypassed a soft open and gapped upside. – Small and mid-caps joined the large-caps in achieving strong breaks higher. – The economic data showed new promise. – Now, its time for expiration Friday, a long […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Jobs, Jobs, Jobs – All must be well as large-caps have gapped higher and rallied to new highs. – Fed Vice Chair Richard Clarida has said that monetary policy is in a good place even though the Fed has been […]
Log In
Forgot Password
Search