Monday saw a new all-time intraday high and a new closing high. The day though was rather sedate with the SPX index falling no lower than 3032 and rising to 3044 for a trading range of just 12 points. The VIX fell to 12.66 but then moved up to 13.11 by the close which is up by 3.6% from Friday’s close. This indicates some nervousness among investors as the week unfolds toward a highly anticipated interest rate cut and Friday’s October jobs numbers. Overall the day was positive and total trading volumes were quite good.
Advance Decline Numbers Outlook for Oct 29 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 Oct 28 2019.
Members should review the changes for tonight before markets resume trading on Monday. As well members should review the new Market Direction Portfolio signals as new trades are planned for Tue Oct 29 2019.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Oct 29 2019
The S&P closed flat on Tue Apr 13 2021 at 4127. The NASDAQ closed down 50 points to end the day at 13,850. Here is ....... Read More
The S&P made another new all-time high on Tuesday, reaching 4086.23 over the noon hour. But the overbought market saw investors take profits in many ....... Read More
Stocks had a rough day on Tuesday following Monday’s massive gain. Some selling was to be expected but in the afternoon when the 10 year ....... Read More
Stocks rose on Monday to start the month of March in a broad rally in the best one day rally since April 6 when the ....... Read More
Stocks fell again on Friday but as the day wore on the NASDAQ moved back positive and the S&P turned positive near the end of ....... Read More
Stocks fell broadly on Thursday as investors worry has turned to what many believe will be rising interest rates and inflation which in turn many ....... Read More
Friday Feb 19 saw the S&P end the day down for a 4th straight day of very mild losses. On Friday it closed down 7 ....... Read More
Friday’s S&P saw the index close at another all-time high of 3934, up 18 points. The NASDAQ saw huge volume again and closed at 14,095 ....... Read More