Volume on Fri Nov 29 was low due to the half day of trading but the SPX opened higher and twice pushed above 3150. Low volume though meant buyers couldn’t push aside sellers and the index pulled back by mid-morning. By 1:00 PM the S&P closed just above the low of the day down 12 points to 3140.98. For the month of November the S&P was up 3.4% and for the year it was up 25.3% by Friday’s close.
The NASDAQ ended the day down 39 points to 8665 but for the month it was up an impressive 4.5%. For the year the index is now up 30.6%.
Advance Decline Numbers Outlook for Dec 2 2019
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Fri Nov 29 2019..
Members should review the changes, before markets resume trading on Monday. There are some changes in the signals after the half day on Friday.
Members should also check the Market Direction Portfolio changes. Trades occurred on Friday and more trades are planned for Monday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Dec 2 2019
On Monday the indexes lost ground giving back a handful of points as investors took selective profits. Advance Decline Numbers Outlook for Dec 10 2019 ....... Read More
For Monday, investors are looking at a market that will open within a handful of points from the all-time high. Advance Decline Numbers Outlook for ....... Read More
For Friday, investors face another jobs report, this one for November. I am expecting good numbers and a move higher. Advance Decline Numbers Outlook for ....... Read More
Volume was good on Wednesday and the market shot higher and tried to reach 3120. It came close and ended the day slightly lower at ....... Read More
There are some changes to the layout of the Market Breadth Indicator outlook starting today. Further changes are being implemented based on comments and ideas ....... Read More
The sell-off on Monday Dec 2 was sparked by a lower than expected ISM number. When markets began to sell, larger investors were repositioning for ....... Read More
Volume on Fri Nov 29 was low due to the half day of trading but the SPX opened higher and twice pushed above 3150. Low ....... Read More
While volume was low on Wed Nov 27 2019 due to the upcoming Thanksgiving holiday on Thursday, equities in general were surprisingly strong and investors ....... Read More