1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Small-Caps and Mid-Caps Post Another Solid Session – Small-caps and mid-caps post another solid session to lead stocks. The Nasdaq and the PHLX Semiconductor Sector (SOX) had the momentum but could not make the moves. – The economic data dump […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Nasdaq and the SOX Continue Their Rebounds – The Nasdaq and the PHLX Semiconductor Sector (SOX) continue their rebounds in their ranges. – The NYSE indices are holding up and bouncing. However, they are lagging and looking heavy overall. […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Stem Their Losses and Bounce – Stocks stem their losses and bounce but growth remains problematic. Even so, the bounce is starting to work some downside setups on growth stocks. – The S&P 500 and DJ30 bounce up from […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Fall From the Open – Stocks fall from the open, recover and repeat the cycle with a big, last-hour short covering surge. – Since Friday was jobs report Friday, shorts had to cover some stocks in the event of […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Big Results From Facebook et al. – Big results from Facebook et al. propel the Nasdaq to a new high. – Data are solid enough and earnings are strong enough, but the market still shows back-and-forth action as it trends […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Fail to Follow Through on a Setup – Once again, stocks fail to follow through on a setup and initial move. – President Biden’s proposal to nearly double capital gains taxes undermines a move higher. – The start of […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. What’s a COIN? – What’s a COIN? The market has forgotten about Coinbase Global Inc.’s (NASDAQ:COIN) disappointing initial public offering (IPO) action. – The data are very solid overall, but the production data are something of a warning of possible […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. All Indices Move Higher – All indices move higher, and the Nasdaq and PHLX Semiconductor Sector (SOX) are once again in the lead. Meanwhile, the S&P 500 hit another new high. – Recovery stocks are still working and are still […]
1. Market Summary Excerpted from Wednesday’s paid content of Investment House Daily by Jon Johnson. Growth Makes the Bounce – Growth makes the bounce that was setting up. Chips are leading. – All indices moved higher and then faded off of the highs as a weak last hour struck again. – Resistance still stands in […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks start lower, test, then roll over . . . only to catch a bid Stocks start lower, test, then roll over . . . only to catch a bid. NYSE indices and recovery stocks . . . recover. NASDAQ […]
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