Dow 20,000 remains somewhat elusive, 46.25 off that level on the session high. Some surprising difficulty getting there, though get their it likely will. After that the question is what next? Big run, a historic milestone, all without details about any of the policies supposed to free the economy to grow.
That said, there are some stocks we like as potential entries today. FB, ULTA (though would prefer more volume), TJX, and LSCC (would like more volume here as well). Will see if there is more volume late.
Other than that, waiting and speculating about the FOMC, the FOMC and Trump, fiscal stimulus, etc. In short, a lot of opinions, no facts.
SP500 16.37, 0.37%
NASDAQ 58.58, 1.08%
DJ30 124.09, 0.62%
SP400 0.19%
RUTX 0.01%
SOX 1.17%
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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