Stocks opened higher but then turned over to negative in the first half hour. That marked the morning session bottom, however, and the indices moved higher and are currently near session highs with all indices positive.
SP500 9.25, 0.44
NASDAQ 27.50, 0.55%
DJ30 41.76, 0.23%
SP400 0.96%
RUTX 1.38%
SOX 0.20%
There are rumors out that Comey is going to make an announcement regarding the Clinton case. The Mexican peso has rallied contemporaneously. We will see what if anything is announced, leaked, or otherwise.
MAN, MLNX are offering good moves and we are looking at them for upside entries. Unfortunately the early selling was not that deep and we waited to pull the trigger on taking more downside. Will have to see how this move into midsession holds.
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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