Stocks jumped to another record high early morning on Friday but then gave back the new high within an hour. The close saw the S&P drifting sideways, caught in a very tight 2 point trading range. The close was at 3168 for a flat ending, almost unchanged from Thursday’s close.
Advance Decline Numbers Outlook for Dec 16 2019
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Fri Dec 13 2019.
Members should review the changes, before markets resume trading on Monday as there are further changes in signals.
Members should also check the Market Direction Portfolio changes as there were trades done on Friday. Following the trades done on Friday, this portfolio is up 58% since inception on Oct 12.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Dec 16 2019
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