The biggest news on Monday was the collapse of General Electric Stock (GE). This is a huge corporation and the hint of the dividend being cut was enough for the stock to have its worst single day in 6 years. Numerous analysts on Monday cut their outlook for the stock.
This placed enough pressure on stocks to send all three indexes lower to start the final week of October.
Here is the outlook for the S&P and NASDAQ indexes for Tue Oct 24 2017 as viewed by the advance decline numbers from the close of trading on Mon Oct 23 2017.
....The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Oct 24 2017
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