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
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
The day on Tue Nov 26 2019, saw stocks move higher again and reach another new intraday high. The new high was revisited at the ....... Read More
The day started on Friday with a slight jump which paced the S&P above the 3110 level. From there the index slipped lower reaching 3100 ....... Read More