Friday saw stocks under selling pressure with the S&P index slipping to 3002.9 intraday. The close was back to 3007.39 for a small loss of 2.18. The index remains overbought heading into the third week of the month.
Advance Decline Numbers Outlook for Sep 16 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 Fri Sep 13 2019.
Members should review the signals before trading resumes on Monday. Make sure to read the historic outlook for today.
Also members should review the Market Direction Portfolio changes and review the trades that are planned for Monday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Sep 16 2019
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 ....... Read More
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 ....... Read More
Monday saw all 3 major indexes move to new all-time highs again and close at new highs. Much of the movement up was caused by ....... Read More
Friday Nov 1, saw the S&P and NASDAQ close at all-time highs. Volumes were good and above average although not as strong as Thursday’s market. ....... Read More
Investors took advantage of some “questionable” news on trade negotiations with China along with weaker than expected PMI numbers to take profits after the index ....... Read More
The interest rate cut on Wednesday by the Fed was highly anticipated but the market still liked it and pushed higher. New intraday highs were ....... Read More
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 ....... Read More
Friday saw stocks stay above 3000 for the entire day. Intraday the SPX made a new all-time high but closed just below it. Strength is ....... Read More