Friday saw the markets stage a second, stronger rebound rally.
With investors now thinking that perhaps their selling reaction on Wednesday was overdone, they were back buying stocks which just two days before, were being dumped. The rally was roaring ahead until news came that an unnamed person “of interest” in the continuing Russian “affair” was close to the White House. That news ended the rally and moved stocks off their highs. However, by the close stocks were up and had held much of the day’s gains.
Here is the Market Breadth Indicator outlook for Monday May 22 2017 plus the week ahead, including a review of the past week.
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Advance Decline Numbers Outlook For May 22 2017
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