On Thursday the S&P and Dow both made new record highs. Apple Stock was one of the driving engines of the rally along with Caterpillar Stock (CAT), Deere & Co Stock (DE), Magna, Keycorp, Western Digital, Twilio, Intel, Walgreens and to a lesser extent Amazon, Alphabet and Microsoft. The rally as you can tell, widened on Thursday. Let’s review Thursday’s closing market breadth indicators and see what to expect for Friday.
Advance Decline Numbers Outlook for Fri Sep 21 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Fri Sep 21 2018.
There were a number of trades in the market protection outlook as well. Some trades may take place on Friday as outlined in the various stops now in place.
Investors should review the notes and trades before markets resume trading on Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Sep 21 2018