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Monday, August 29, 2016

Market Alert - The Open

Futures: SP500 +3.36; DJ +13.60; NASDAQ +5.36

Spending and income are up though futures did not surge on the news. Futures have been in a slow move higher after the Friday mixed close but the market is still sluggish. Watching the NASDAQ big names this morning to see if they continue the Friday move and provide NASDAQ leadership and aid SOX and RUTX in their new highs.


OTHER MARKETS
Bonds: 1.607% vs 1.62% 10 year

Oil: 46.05, -0.80

Gold 1323.80, -2.10



Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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Alert Key
http://www.investmenthouse.com/alertkey.htm


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