The Weekly Initial Unemployment Insurance Claims were higher than a lot of investors had anticipated and that started the day with a bit of a dampening effect. It lasted all day. Combined with the upcoming long weekend with many investors away from trading, markets slipped on Thursday.
Advance Decline Numbers Outlook for Fri May 22 2020
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Thu May 21 2020.
There are also some stocks mentioned that I will be trading in on Friday.
There are changes in the Market Breadth Indicator signals which members should review before markets open today.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For May 22 2020
Stocks rose on Monday to start the month of March in a broad rally in the best one day rally since April 6 when the ....... Read More
Stocks fell again on Friday but as the day wore on the NASDAQ moved back positive and the S&P turned positive near the end of ....... Read More
Stocks fell broadly on Thursday as investors worry has turned to what many believe will be rising interest rates and inflation which in turn many ....... Read More
Friday Feb 19 saw the S&P end the day down for a 4th straight day of very mild losses. On Friday it closed down 7 ....... Read More
Friday’s S&P saw the index close at another all-time high of 3934, up 18 points. The NASDAQ saw huge volume again and closed at 14,095 ....... Read More
Thursday’s markets saw the S&P add a slight gain for a new closing high. The NASDAQ saw huge volume and a 53 point advance and ....... Read More
The final week of January 2021 saw both the S&P and NASDAQ indexes end with large losses. This was the worst week overall for stocks ....... Read More
While neither the SPX or NASDAQ saw large gains on Tuesday, both indexes did turn out strong performances. Tonight’s Market Breadth Indicator outlook for Wednesday ....... Read More