Market Alert - To the Close

Stocks are going out flat overall with chips leading with some materials, posting some good gains, or at least bouncing up off a test of support.

SP500 2.68, 0.11%
NADSAQ 5.71, 0.09%
DJ30 -2.55, -0.01%
SP400 0.38%
RUTX 0.48%
SOX 0.53%

Mostly holding up, waiting to see what plays out over the weekend re H-bombs, etc. McCain killed the Graham ACA replacement bill leaving the US stuck with high insurance coverage sans healthcare. Oh well, more businesses will fail.

We are opting to wait until next week and if the good patterns move higher then, we can enter.

Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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