Friday saw stocks start the day with strength on the back of stronger than expected January employment numbers. For the 100th month in a row the economy added more jobs. As the rally climbed higher, investors and analysts began to wonder once more about the Fed and whether the numbers were strong enough to push the Fed back to another interest rate hike. Worries dragged the markets back and the close saw the S&P with a small 2 point gain and the NASDAQ with a 17 point loss. The Dow closed above 25,000.
Advance Decline Numbers Outlook for Mon Feb 4 2019
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from the close of trading on Fri Feb 1 2019.
There were changes on Friday along with a look back at the past week. Members should review the changes to be ready for the start of the upcoming week.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Feb 4 2019
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