Friday saw stocks gain some momentum on the back of better than expected non-farm payroll numbers. The US dollar had its best one day gain since Jan 6 thanks to the jobs report. However the jobs report also indicates that the Fed could consider beginning a reduction of its bond buying program (Quantitative Easing) which may grab the attention of investors in coming weeks.
Friday’s outlook includes a review of the first week of August.
Here is the outlook for the S&P and NASDAQ indexes for Monday Aug 7 2017 as viewed by the advance decline numbers from the close of trading on Friday Aug 4 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Aug 7 2017
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