Investment House Weekend Wrap Up Archive
Weekender for 5/9
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 […]
Weekender for 5/2
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 […]
Weekender for 4/23
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 […]
Weekender for 4/18
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 […]
Weekender for 4/11
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 […]
Weekender for 4/3
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 […]
Weekender for 3/28
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 […]
Weekender for 3/21
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Stocks Sell Off – Stocks sold off after the post-Federal Open Market Committee (FOMC) rally. The DJ30 held out, but finally sold in a very normal test. – The Nasdaq failed at the January high and is now testing an […]
Weekender for 3/14
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The European Central Bank Takes Its Turn – Growth was up on Thursday, and recovery stocks were not bad. – The European Central Bank (ECB) takes its turn at propping up markets, announcing a program of accelerated bond purchases. – […]
Weekender for 3/7
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Fed Chairman Powell’s Tap Dancing Fails to Soothe the Markets – Growth stocks avoided the opening drop but rolled over after a short bounce failed. – Stocks were recovering well until Chairman Powell’s tap dancing failed to soothe the markets. […]
