Markets faced a wall of sellers on Monday almost from the moment stocks began trading. Lost in the media buzz was the reality of the S&P making another new all-time high before the selling erupted.
The S&P lost 55 points while the NASDAQ lost 189 points. For both indexes it was a loss of 1.4%
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 Mon Jan 4 2021.
Also included is a trade idea I will be setting up on Tue Jan 5 2021.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Jan 5 2021
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Market Breadth and Advance Decline Archive
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue May 24 2022
Monday saw a technical bounce in the index, left over from Friday's new low and bounce. Looking at the Market Breadth Indicators can tell investors ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon May 16 2022
Friday saw a strong day for stocks with both the S&P and NASDAQ pushing higher for most of the day and closing well off their ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu May 5 2022
Wednesday saw a monster relief rally in the final hour and a half of trading. The Market Breadth Indicator outlook for Thu May 5 2022, ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 25 2022
Friday saw all indexes stage a large decline with selling dominating stocks. Few stocks were spared from the decline on Friday which only saw a ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Thu Apr 21 2022
Wednesday ended negative for both the S&P and NASDAQ but the Market Breadth Indicators are worth reviewing before trading resumes on Thursday. Tesla's earnings may ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 20 2022
Tuesday saw a strong rally adding 70 points to the index resulting in the best point gain since March 16. Unfortunately after hours Netflix stunned ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Mon Apr 18 2022
Thursday saw investors give back all of Wednesday's rally for both the S&P and NASDAQ. It was a particularly bearish day. Here are the Market ....... Read More
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Apr 13 2022
Tuesday saw a rally attempt which lasted half an hour. From there sellers chased buyers lower until by the close the S&P was at its ....... Read More
