Friday’s market saw a large drop at the open as investors exited many stocks following the June Unemployment Report. The report caught many investors and analysts off guard as they were expecting the report to confirm a probable economic slowdown was in progress. Any slowdown would result in the Fed slashing interest rates as early as June. With the June payroll numbers showing more strength in the economy than expected, investors had to rethink their stance on stocks. The selling though, turned out to be an opportunity as stocks closed down just 4 points by the close of trading on Friday.
Advance Decline Numbers Outlook for Mon Jul 8 2019
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Fri Jul 5 2019
Members should review the signals before trading resumes on Monday.
As well there are changes in the market direction trades.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Jul 8 2019
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