1. Market Summary Excerpted from Wednesday’s paid content of Investment House Daily by Jon Johnson. Another Move Higher – We saw another move higher, but the indices show equivocal action again. – Day-to-day rotation and volatility continue, as the small-cap stocks led Wednesday after getting clocked on Tuesday. – Cloud software, some chips and some […]
1. Market Summary Excerpted from Tuesday’s paid content of Investment House Daily by Jon Johnson. Stimulus Passes! – Stimulus passes. As it is laden with pork and overseas gifts, stocks are not that impressed. – Economic data are stronger, but confidence is flagging at the end of the year. – The NASDAQ and Russell 2000 […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Still Waiting For Stimulus – We are still waiting for stimulus but are perhaps anticipating a done deal. – Stocks start well and close well, but the PHLX Semiconductor Sector (SOX) is lagging notably and the big NASDAQ stocks could […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Big Names Are Sluggish Again – Stocks rebound and some strong leaders surge, but the big names remain very sluggish. – Big-name tech stocks are sluggish and lag again, but the market is not all about those stocks. – The […]
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1. Market Summary Due to the Thanksgiving holiday, excerpted from Tuesday’s paid content of Investment House Daily by Jon Johnson. The Mood Shifts and the Market Rallies – Janet Yellen, transition and vaccines — the mood shifts and the market rallies. – The Russell 2000 (RUT) and the S&P 400 still lead, but the DJ30 […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Chop Again, Then Rally – Stocks chop until the prospect of stimulus is mentioned. Then, they rally. – The economics remain good enough, but the market is unimpressed. – While there are no new highs, the PHLX Semiconductor Sector […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Specter of a New Lockdown – Tech stocks showed relative strength, but this meant little as all stocks faded on the day. – The specter of another lockdown was blamed for the market’s weakness, but this is simply a […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Another Gap and Surge Higher – Another gap and surge higher has the PHLX Semiconductor Sector (SOX) at a new high and the NASDAQ at the October high. The S&P 400 and Russell 2000 Index (RUT) are strong as well. […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Lay the Foundation For a Rebound – The economic data were solid, market indicators hit extremes and stocks started a rebound. – The rebound was mediocre, and while the big after-hours earnings reports were good, reactions were mixed. Meanwhile, […]
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