Wednesday July 5 was the first full day of trading since the long Independence Day weekend. Monday was a half day of trading which had started off strong but then ended with just a 5 point increase. Today the trading was narrower with financials under some stress but energy stock definitely being hit by what many analysts are calling as a “resumption” of the downtrend in oil prices. While the Dow ended the day down just a point, the S&P managed another gain, this time just 3.53 points. The NASDAQ though saw renewed interest in tech stocks and the index recovered 40.79 points.

Here are the closing market breadth numbers from Wed Jul 5 2017 and the outlook for Thu Jul 6 2017.

 

....The market breadth indicator analysis and outlook is for FullyInformed Members.  

Advance Decline Numbers Outlook For July 6 2017





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