Modest futures and now a modest market. AMZN surged but is off its high, same with the other big earnings announcers. That is okay. The market is in a test/rest mode after the big move higher. After this end of month pause it likely shows a renewed move -- if everything remains the same. And it is: no healthcare vote and a lot of back and forth on taxes. Thus we are letting positions mostly hold and work for that rebound after the pause. Some are struggling and we closed the rest of AMKR. We will see if others bounce off of early weakness.
SP500 -1.58, -0.06%
NASDAQ 5.08. +0.08%
DJ30 19.98, -0.1%
SP400 -0.50%
RUTX -0.61%
SOX -1.55% -- thanks to QCOM
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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