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Wednesday, November 23, 2016

Market Alert - To the Close

ASK, FCX are still surging, financials are higher along with oil stocks and industrial equipment. Chips are working well enough. No real reason to take gain on them today and will see how they trade on Friday. We note that some of the FANG look as if they are setting up to break higher, e.g. FB, AMZN, and of course NFLX. That means the amrket oculd get even more upside impetus to come. We will put together some plays on those to be ready just in case.

SP500 1.06, 0.05%
NASDAQ -8.51, -0.16%
DJ30 53.21, 0.28%
SP400 0.42%
RUTX 0.44%
SOX 0.10%

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


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