On Tuesday Aug 15, indexes closed flat with a slight bias lower as upbeat retail stats were overshadowed by a drop in Lowes Stock (HD) and Home Depot Stock (HD). The drop in Home Depot Stock came ahead of their earnings which were reported after the close.
Lowes closed down 4.4% to $74.30 and Home Depot Stock closed down $4.09 to $150.17. After hours Home Depot issued stellar results marking the best quarterly report in its history.
Here is the outlook for the S&P and NASDAQ indexes for Wednesday Aug 16 2017 as viewed by the advance decline numbers from the close of trading on Tue Aug 15 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Aug 16 2017
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