Market Alert - To the Close

Sluggish across the board as all indices are lower, more or less tracking the intensity of the upside. In other words, RUTX is down more than DJ30.

SP500 -11.95, -0.54
NASDAQ -31.12, -0.58%
DJ30 -57.42, -0.30%
SP400 -0.77%
RUTX -1.21%
SOX -0.46%

Nave not entered any new positions. Closed NFLX more or less flat as did not like the action. Closed SYRG with a trailing stop as oil stocks are hit after the early 'let's make a deal!' excitement again faded into harsh reality. Oil remains up 0.82, though well off its intraday high.

Getting a bit of a test today, not entirely unexpected, and after 15 upside days on RUTX, somewhat needed.



Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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