More new closing highs on Friday with the S&P closing at the high of the day, 3120.46 on rising volume. The NASDAQ closed at its high of the day, 8540.83 on the fourth best volume day. Both indexes closed making new all-time highs. The Dow Jones also closed at a new all-time high, reaching 28,004.89. Investors pushed indexes higher on reports of further advances in a trade agreement with China.
Advance Decline Numbers Outlook for Nov 18 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 Nov 15 2019..
Members should review the changes, before markets resume trading on Monday.
Members should also check the Market Direction Portfolio changes.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 18 2019
Volumes were still reasonably good on Tuesday although slightly lower on both the NASDAQ and SPX indexes. Losses were again quite small. Advance Decline Numbers ....... Read More
On Monday the indexes lost ground giving back a handful of points as investors took selective profits. Advance Decline Numbers Outlook for Dec 10 2019 ....... Read More
For Monday, investors are looking at a market that will open within a handful of points from the all-time high. Advance Decline Numbers Outlook for ....... Read More
For Friday, investors face another jobs report, this one for November. I am expecting good numbers and a move higher. Advance Decline Numbers Outlook for ....... Read More
Volume was good on Wednesday and the market shot higher and tried to reach 3120. It came close and ended the day slightly lower at ....... Read More
There are some changes to the layout of the Market Breadth Indicator outlook starting today. Further changes are being implemented based on comments and ideas ....... Read More
The sell-off on Monday Dec 2 was sparked by a lower than expected ISM number. When markets began to sell, larger investors were repositioning for ....... Read More
Volume on Fri Nov 29 was low due to the half day of trading but the SPX opened higher and twice pushed above 3150. Low ....... Read More