Thu Apr 26 2018 Review
Thursday was the first day that earnings announcement finally made a big enough impact to send stock indexes higher. Technology stocks pushed higher lead by Facebook Stock’s 9.7% jump. Investors also seemed cheered by a slight drop below 3% for the 10 year Treasury which obviously cannot last if inflation numbers and interest rate increase projections are to be believed.
By the end of the day the indexes were all considerably higher however a bounce was anticipated for Thursday. Now the question is whether the rally is the start of a move higher or just a bounce before more selling erupts. Let’s see what the Market Breadth Indicators are signaling for Friday, this evening.
Advance Decline Numbers Outlook for Fri Apr 27 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Thu Apr 26 2018 and their outlook for stock markets for Fri Apr 27 2018.
Members should review the Market Breadth Indicators before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Apr 27 2018.
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