Thursday April 11 2019 saw the S&P take a roller coaster ride between 2882 on the low side and 2893 on the high. The S&P closed where Wednesday had ended at 2888.
Friday before markets open for trading we get bank earnings from Wells Fargo Stock (WFC), JP Morgan Chase Stock (JPM) and PNC Financial Services Group Stock (PNC). The index on Thursday was basically waiting the day out which is why it ended without a change from Wednesday’s close.
Advance Decline Numbers Outlook for Fri Apr 12 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 Thursday Apr 11 2019.
Members should review these signals as there are some further changes from Thursday’s close. There are also a number of trades outlined for the next few days.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Apr 12 2019
Friday was a slower day for the trading week as investors were leaving early ahead of the Memorial Day Weekend. Yet there were signals worth ....... Read More
The Weekly Initial Unemployment Insurance Claims were higher than a lot of investors had anticipated and that started the day with a bit of a ....... Read More
Markets were already weak on Tuesday following Monday’s monster rally so weakness and selling were expected. However a media report that questioned the trial results ....... Read More
Markets were already signaling a move higher to start this week, when on Thursday and Friday last week, indexes recovered from determined sellers. Monday saw ....... Read More
A morning dive in the markets brought in buyers in the afternoon who pushed back and closed the markets at their highs for the day. ....... Read More
Investors continued to stay nervous today and selling intensified. Tonight’s outlook is expanded in a number of key areas. Advance Decline Numbers Outlook for Thu ....... Read More
With the economy preparing to reopen, investors are watching to see if the COVID-19 infection rates start to climb again. All investors know that should ....... Read More
For Friday the April non-farm payroll numbers are being released and these could have an impact on the market direction. It is expected that the ....... Read More