Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Aug 3 2018

The big news on Thursday was Apple Stock becoming the first USA listed company to ever reach a $1 trillion market cap. Analysts were jumping on the bandwagon and predict next stop for the stock is $250 by early fall. Of the 37 analysts following the stock, 1 rate it a strong buy, 11 a buy and 14 a hold. None rate the stock as underperform or sell.

Tesla surprised analysts with their better than expected earnings report and the stock shot higher by 16% to close at $349.54, up $48.70. Both Apple and Tesla are Trade Ahead Of Earnings Strategy setups and both have been closed for full profits.

Even Intel Stock rose 1.37% to close at $49.48 as it tries to break back above the important $50 valuation.

Meanwhile Facebook Stock moved up 2.75% to close at $176.37 on the day.

Advance Decline Numbers Outlook for Fri Aug 3 2018

Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Fri Aug 3 2018.

The Market Breadth Indicator outlook for Friday also has changes to the market protection outlook trade information for Friday.

Members should review all the signals before trading resumes.

The market breadth indicator analysis and outlook is for FullyInformed Members.