With elections day over, despite the unknown outcome, stocks soared again. The S&P climbed 74 points to close at 3443 for a 2.2% gain, the best rally so far this week.
The NASDAQ soared 3.85% rising 430 points to 11590. Just two days earlier the index closed below 11,000.
Here are the market breadth indicator signals along with advance decline numbers from the New York Stock Exchange and NASDAQ from the close of trading on Wed Nov 4 2020. As well there are a couple of trades I have outlined for Thursday Nov 5 and one trade that I have placed offers in good for the day on Thursday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Nov 5 2020
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Market Breadth and Advance Decline Archive
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