Monday saw all 3 major indexes move to new all-time highs again and close at new highs. Much of the movement up was caused by investors who missed out on the rally on Friday and were looking for a dip today. There was not much of a dip throughout the day on Monday. As well, talks of a trade deal with China coming closer to actually being signed helped to boost investor sentiment which lead many investors to buy stocks in anticipation of a much larger move higher on any actual trade deal that is signed.
Advance Decline Numbers Outlook for Nov 5 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 Mon Nov 4 2019.
Members should review the changes for tonight before markets resume trading on Tuesday.
As well there were trades in the Market Direction Portfolio on Monday and more trades are planned for Tuesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 5 2019
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