Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Mar 21 2019

Markets on Wednesday March 20 were led lower by financial stocks that pulled back after Fed Chair Powell announced no interest rate hike and indicated there would be no further rate hikes in 2019. Treasury yields fell which prompted investors to sell out of bank stocks. Utility stocks rose which included the Utilities Select Sector SPDR® ETF (XLU) which back on March 14 had hit a new 52 week high.

Stocks initially rallied strongly on the news of no Fed rate increases and turned positive, but then gave back the rally and closed negative on the day.

Advance Decline Numbers Outlook for Thu Mar 21 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 Mar 20 2019.

Members should review these signals as there are changes tonight following the Fed’s decision not to raise rates further through 2019. There are also changes in the “Latest Outlook”, Protection Level and VIX Index Strategy.

There are also some trade ideas for Thursday that I am considering entering.

  The market breadth indicator analysis and outlook is for FullyInformed Members.  

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Mar 21 2019 





Market Breadth and Advance Decline Archive

Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 17 2019

Tue Apr 16 2019 saw the S&P move to 2916, just 25 points from the 52 week high and all-time high. The index though slipped ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Apr 16 2019

Monday saw stocks retest 2900 and several times intraday the index slipped below it and then found buyers. Buyers though are not holding stocks but ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 15 2019

Friday April 12 saw the S&P have it second best day of the month, pushing the index to close above 2900 at 2907. This is ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Apr 12 2019

Thursday April 11 2019 saw the S&P take a roller coaster ride between 2882 on the low side and 2893 on the high. The S&P ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Apr 11 2019

Wednesday was a better day but on low volume again. Investors on Wednesday bought the various dips during the day helping to push the S&P ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 10 2019

Tuesday saw stocks trade in a fairly tight range between 2873 and 2886. They closed just below 2880 at $2878. This left the rally intact ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Apr 9 2019

Monday April 8, saw stocks retest the 2880 level and close positive at 2895. Stocks have now recovered the drop from Fed Chair Powell which ....... Read More
Market Breadth Indicator outlook

Market Breadth Indicator – Advance Decline Numbers Outlook For Fri Apr 5 2019

Thursday saw stocks continue to show resilience despite concerns over a potential slowing in employment growth. Friday will give a better indication where unemployment has ....... Read More
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