Tuesday saw an excellent bounce after Monday’s large decline. The bounce recovered more than 50% of the losses from Monday and may have setup the market to continue to advance, albeit slower than we saw on Tuesday.
Advance Decline Numbers Outlook for Jan 29 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 Tuesday.
There are changes in the Market Breadth Indicator signals for members to view before markets resume trading.
Members should also check the Market Direction Portfolio changes for updates. Trades are planned for Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Jan 29 2020
Tuesday saw the first trading day of the third week of the month end with slight losses for the SPX and a slight gain for ....... Read More
Friday saw indexes end the day at new closing highs despite some selling pressure early in the day. Advance Decline Numbers Outlook for Tue Feb ....... Read More
Wednesday saw all new highs once again in the indexes. Since the plunge on Friday Jan 31 the indexes have recovered and climbed to new ....... Read More
Tuesday saw stocks jump higher with the S&P reaching 3375 and the NASDAQ at 9714 before a pullback in the afternoon wiped out most of ....... Read More
Monday saw stocks open the day lower but quickly climb as buyers immediately jumped into stocks that opened the day lower. This moved the indexes ....... Read More
Friday saw stocks movie lower on the back of a better than expected January employment numbers. The dip was slight considering the indexes are at ....... Read More
The rally higher on Tuesday was a result of information from the CDC that the infection rate is slowing along with the number of deaths. ....... Read More
Investors jumped back into stocks on Monday and managed to push all 3 indexes higher. Advance Decline Numbers Outlook for Wed Feb 5 2020 Here ....... Read More