Wed Mar 28 2018 Review
It really seems like the market, particularly the tech sector cannot get a break. Today is was all about Amazon as the stock collapsed to 1386.17 before rallying back to close down 4.38% to 1431.42. But they were not alone. Intel was down 3.11%, Micron which trades at just 6 times price to earnings was down 1.74%, Applied Materials Stock was down 2.5%, but Twitter and Facebook bucked the trend and managed small gains while Alphabet closed almost flat although it collapsed to $984 during the day (GOOGL) blasting through $1000 like it didn’t even matter.
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index on Wed Mar 28 2018 and their outlook for stock markets for Thu Mar 29 2018.
Members should review the Market Breadth Indicators to be prepared for trading resumption on Thursday, the final day of the week and the month of March.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Thu Mar 29 2018
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