While volume was low on Wed Nov 27 2019 due to the upcoming Thanksgiving holiday on Thursday, equities in general were surprisingly strong and investors were biased to the upside. By the end of the day both the NASDAQ and S&P indexes had made new intraday highs and closing highs.
For the S&P it was the third best single day gain for November as the index closed up 13 points to end the day at 3153.
The NASDAQ also had its third best single day advance of November. It ended up 57 points at 8705 just under 300 points from 9000.
Advance Decline Numbers Outlook for Nov 29 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 Wed Nov 27 2019.
Members should review the changes, before markets resume trading on Friday following Thursday’s Thanksgiving holiday..
Members should also check the Market Direction Portfolio changes. Trades occurred on Wednesday and new trades are planned for Friday. All are listed in the trade table. As of Wednesday’s close the Market Direction Portfolio is up 56% since Oct 16.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 29 2019
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
While volume was low on Wed Nov 27 2019 due to the upcoming Thanksgiving holiday on Thursday, equities in general were surprisingly strong and investors ....... Read More