Wednesday saw indexes climb on the back of comments from China on their willingness to enter a trade deal. While this is obviously vague and is something investors have heard before, it still was what investors wanted to hear and it helped move stocks higher.
Just as important was the Fed minutes in the afternoon which showed a divisive Federal Reserve that was supportive of the markets and indicated they are watching the impact of the trade wars. They made it clearer that they intend to continue supporting the ongoing expansion of the economy. The chance of a rate cut in October however seemed unlikely.
Advance Decline Numbers Outlook for Oct 10 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 Oct 9 2019.
Members should review the signals before trading resumes on Thursday. Make sure to read the historic outlook for this week.
Also members should review the Market Direction Portfolio trades.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 10 2019
For Tuesday, there are changes in the market breadth signals for members to watch. On Monday the indexes opened lower but that brought in some ....... Read More
For Monday, there are changes in the market breadth signals. Advance Decline Numbers Outlook for Jan 6 2020 Here are the market breadth indicator signals ....... Read More
There are changes tonight in the layout of the Market Breadth Indicator outlook. As well the market direction portfolio using SPY ETF’s is being expanded ....... Read More
Here is the final Market Breadth Indicator outlook for 2019. Thursday saw stocks fall in a fairly broad decline as investors took advantage of the ....... Read More
Light volume on Friday Dec 27 ended the week on a positive note with new intraday highs but a flat close. Overall for the week ....... Read More
Light volume on Thu Dec 26 2019 saw all three indexes reach new all-time highs. The S&P closed at 3239.91 within 10 points of reaching ....... Read More
Stock indexes were flat for the half day of trading on December 24, ahead of the Christmas holiday period. Tonight’s outlook for Thursday Dec 26, ....... Read More
Stock indexes made more record highs on Friday in a strong day with the best volume of 2019. The S&P pushed to close at 3221, ....... Read More