Tuesday Nov 5 saw the indexes face some resistance to a move higher as spikes found sellers waiting. With the dollar rising and crude oil rising, investors were a bit concerned as they wait for further word on a China trade deal.
The MSCI’s gauge of global stock markets set a 21 month high on Tuesday and both the NASDAQ and Dow indexes saw new intraday highs. The S&P closed down slightly by 3 points to end that day at 3074.
Advance Decline Numbers Outlook for Nov 6 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 Tue Nov 5 2019.
Members should review the changes for tonight before markets resume trading on Wednesday.
As well there were trades in the Market Direction Portfolio on Tuesday and more trades are planned for Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 6 2019
Tuesday saw Monday’s rally extended. The day ended with the S&P and NASDAQ closing at the day’s high. Advance Decline Numbers Outlook for Wed Jul ....... Read More
Wednesday saw stocks fall in a broad retreat. Advance Decline Numbers Outlook for Thu Jun 25 2020 Here are the market breadth indicator signals along ....... Read More
Tuesday saw weakness in the mid-afternoon which pushed the index to it’s low of the day. It was still an up day, but the S&P ....... Read More
Monday was a rather choppy day but stocks pushed higher through most of the day and closed positive. The NASDAQ closed at a new all-time ....... Read More
Friday saw stocks under selling pressure right from the open. The day ended with slight losses of half a percent and the SPX down to ....... Read More
Thursday saw stocks stage a late day rally, which has been common over the past few weeks. Both the S&P and NASDAQ closed higher. Advance ....... Read More
Wednesday saw a dramatic drop in stocks in the final hour of trading. Advance Decline Numbers Outlook for Thu Jun 18 2020 Here are the ....... Read More
Monday saw a dramatic recovery from a steep morning sell-off. Tuesday looks steady to continue the advance. Advance Decline Numbers Outlook for Tue Jun 16 ....... Read More