Investment House Weekend Wrap Up Archive
Weekender for 7/5
1. Market Summary Excerpted from Wednesday’s paid content of Investment House Daily by Jon Johnson. Vaccine Announcement Boosts Futures – Pfizer Inc.’s (PFE) announcement regarding a vaccine boosts stock futures. – Recovery stocks start the new quarter higher, but immediately regress. Leader stocks start slow, but then surge. – The Institute for Supply Management (ISM) […]
Weekender for 6/28
1. Market Summary Excerpted from Thursday’s paid content of the Investment House Daily by Jon Johnson. Some Good, Some Bad and Little in Between – We saw good low to high action, but not much overall index change. While the indices remained quiet, leaders started to move to the upside. – The economic data dump […]
Weekender for 6/21
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Picking Up the Pieces – We had an overall sleepy session, but leaders quietly lead higher. – While most indices saw consolidation, that is not a bad course of action after what happened on Wednesday. – The economic data continue […]
Weekender for 6/14
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Coronavirus Rides Again – Stocks did indeed continue testing, testing, testing and testing… – Massive sell programs hit as a downbeat Fed and a second wave of COVID-19 outbreaks were cited as signs of trouble ahead. – Indices that […]
Weekender for 6/7
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Recovery Trading Continues – Recovery trading continues along with the PHLX Semiconductor Sector (SOX), but the overall moves are modest at best. – Airlines lead the way, but banks are solid as well. – Bonds tank and yields jump as […]
Weekender for 5/31
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 […]
Weekender for 5/24
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 […]
Weekender for 5/17
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 […]
Weekender for 5/10
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. The Coronavirus Continues to Rage – Stock indices edge higher and the NASDAQ puts in a new recovery high. – While internals are a bit better, this is still a molasses-covered move for some, but not all, stocks. – The […]
Weekender for 5/3
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily by Jon Johnson. Coronavirus Earnings Season Begins – The market cannot put good earnings to use and suffers a down session. – As is so often the case in this move, a new high is met with selling. – The economic data from […]
