Johnson's JCI Surges on 82% Volume Spike Ranks 235th in U.S. Dollar-Volume

Johnson (JCI) closed on Sept. , . . equities, indicating heightened short-term interest without a clear directional bias.

Recent developments suggest mixed market sentiment. A pending regulatory review of the company’s energy-efficient building technologies has delayed key contract announcements. Analysts note that while the delays could impact near-term revenue visibility, they also create a floor for long-term valuation metrics tied to green infrastructure growth. Short-term traders are monitoring the firm’s strategies amid rising input costs.

To run this properly I need to nail down a few implementation details: 1. Universe • Do you want to examine all U.S-listed common stocks (NYSE + Nasdaq + AMEX), or a narrower universe such as only S&P 500 constituents? 2. Weighting method • Should the portfolio be equal-weighted across the 500 names each day, or weighted by (say) their relative dollar-volume? 3. Re-balancing / holding period • My assumption is: – Every trading day we rank the entire universe by the day’s dollar-volume. – We buy the top 500 at that day’s close. – We hold that basket for exactly one trading day and liquidate at the next day’s close, then repeat. – No transaction costs unless you specify otherwise. • Please confirm or adjust. 4. Benchmark (optional) • Would you like the strategy compared against a benchmark such as SPY? Once I have these details I’ll build the retrieval plan, pull the volume data, create the daily baskets and run the back-test.