Friday’s rally was surprisingly strong. By the end of the day on Friday, the stock markets had made the best start to a new year since 2003. Other signals that are a more concerning was inflows of capital for the second week were the sixth largest on record. Despite analysts telling investors that the market is not “frothy” or in the midst of a strong “bullish” outlook, statistics are supporting the exact opposite as the second week of a solid rally is drawing in more capital and more investors. At the same time bond inflows also rose to their highest level in just over half a year, which seems at odds with concerns over rising interest rates.
Here is the Market Breadth Indicator outlook for Tuesday Jan 16 2018 when markets reopen following Martin Luther King Jr. Holiday.
Members should review the Market Breadth Indicator as there are changes underway that they should be aware of for Tuesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Jan 16 2018
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