Investors decided on Friday that the July non-farm payroll numbers were good enough to buy stocks. Friday saw the indexes build on Thursday’s momentum. The S&P climbed as much as it did on Thursday and closed the week up 21 points for the best showing since the second week of July. For the month of July the index was up 6.2% since January and 4.49% since the end of June.
The NASDAQ which has seen selling pressure is still up 13% since the start of 2018. Let’s review the Market Breadth Indicator signals from Friday and last week and look out to Monday and the first week of August.
Advance Decline Numbers Outlook for Mon Aug 6 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Mon Aug 6 2018.
The Market Breadth Indicator outlook for Monday also has changes to the market protection outlook trade information for Monday.
Members should review all the signals before trading resumes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Aug 6 2018
Monday saw a technical bounce in the index, left over from Friday’s new low and bounce. Looking at the Market Breadth Indicators can tell investors ....... Read More
Friday saw a strong day for stocks with both the S&P and NASDAQ pushing higher for most of the day and closing well off their ....... Read More
Wednesday saw a monster relief rally in the final hour and a half of trading. The Market Breadth Indicator outlook for Thu May 5 2022, ....... Read More
Friday saw all indexes stage a large decline with selling dominating stocks. Few stocks were spared from the decline on Friday which only saw a ....... Read More
Wednesday ended negative for both the S&P and NASDAQ but the Market Breadth Indicators are worth reviewing before trading resumes on Thursday. Tesla’s earnings may ....... Read More
Tuesday saw a strong rally adding 70 points to the index resulting in the best point gain since March 16. Unfortunately after hours Netflix stunned ....... Read More
Thursday saw investors give back all of Wednesday’s rally for both the S&P and NASDAQ. It was a particularly bearish day. Here are the Market ....... Read More
Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its ....... Read More