Thu Nov 7 2019 saw indexes jump to all-time highs across all 3 indexes on reports that further trade negotiations were positive with China. The final hour of trading saw the indexes give back much of the day’s rally, but the day ended positive.
Advance Decline Numbers Outlook for Nov 8 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 Thu Nov 7 2019.
Members should review the changes, before markets resume trading on Friday.
As well there were trades in the Market Direction Portfolio on Thursday and more trades are planned for Friday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Nov 8 2019
Wednesday saw the index open higher and build on that strength. Intraday the S&P and NASDAQ made new all-time highs and closed near that high. ....... Read More
Tuesday saw the first trading day of the third week of the month end with slight losses for the SPX and a slight gain for ....... Read More
Friday saw indexes end the day at new closing highs despite some selling pressure early in the day. Advance Decline Numbers Outlook for Tue Feb ....... Read More
Wednesday saw all new highs once again in the indexes. Since the plunge on Friday Jan 31 the indexes have recovered and climbed to new ....... Read More
Tuesday saw stocks jump higher with the S&P reaching 3375 and the NASDAQ at 9714 before a pullback in the afternoon wiped out most of ....... Read More
Monday saw stocks open the day lower but quickly climb as buyers immediately jumped into stocks that opened the day lower. This moved the indexes ....... Read More
Friday saw stocks movie lower on the back of a better than expected January employment numbers. The dip was slight considering the indexes are at ....... Read More
The rally higher on Tuesday was a result of information from the CDC that the infection rate is slowing along with the number of deaths. ....... Read More