
Technology stocks, particularly chipmakers were pummeled again on Thursday. Warnings from Micron and KTLA-Tencor on softness in chip shipments sent the sector lower with Micron collapsing 9.8% and even Advanced Micro Devices Stock (AMD) pulling back 2.3% from 12 year highs, despite announcing a new Zen-based Athlon processor.
The close though saw the Dow positive, and the S&P and NASDAQ off their lows.
Advance Decline Numbers Outlook for Fri Sep 7 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 7 2018 .
The market protection outlook has also been updated for Friday.
Members should review all the signals before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Sep 7 2018
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