Friday started out with the indexes jumping higher on the back of the strong jobs numbers for June. The economy added 213,000 new jobs. This was well above the consensus for 195,000 for June. As well April and May were also increased.
The unemployment rate rose to 4% as more people entered the labor force searching for jobs, which is a great sign. Altogether 601,000 people were out looking for work, a significant jump showing more people believe they have a chance to find a job.
The Market Breadth Indicator outlook for Monday also includes the weekly review.
Advance Decline Numbers Outlook for Mon Jul 9 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Mon Jul 9 2018.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Jul 9 2018