The Trump news conference on Wednesday seemed to have a bit of a lasting effect on Thursday as many investors decided that taking profits now, was the correct choice to make.
A large part of this seems to have been caused by the lack of a statement on the reduction in corporate taxes at the Wednesday news conference. This seems to have been the primary cause of concern on Thursday as stocks stayed weak and ended negative.
Market Breadth Outlook For Thursday Jan 12 2017
Here is the Market Breadth Indicator signals after the close on Thursday Jan 12 2017 and their outlook for Friday Jan 13 2017 along with the latest signals for market protection outlook needs.
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Advance Decline Numbers Outlook For Jan 12 2017
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