Market Close on Mon Jun 4 2018
Monday saw the rally from Friday continue but most of the action was early morning. The remainder of the day the S&P drifted sideways.
The NASDAQ however ended the day with a record closing high. Apple stock intraday hit a new record high while Microsoft stock jumped to a new closing high on the acquisition of GitHub.
The Russell 2000 made another new closing high as the small cap stock index continued its advance.
Advance Decline Numbers Outlook for Tue Jun 5 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index from Mon Jun 4 2018 and their outlook for stock markets for tomorrow, Tue Jun 5 2018.
Tonight’s Market Breadth Indicator outlook also includes an update on Monday’s market direction trade which was discussed on the weekend along with a second trade being entered on Tuesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Tue Jun 5 2018
Monday saw very steady losses with the majority of stocks on both New York and the NASDAQ falling. Semiconductors in particular as being hard hit ....... Read More
Friday saw slightly losses on the S&P but another major down day for the NASDAQ. The past week was the worst for the NASDAQ since ....... Read More
A second day of selling saw the S&P stage a late day comeback attempt. The NASDAQ though did not and it closed very bearish. Here ....... Read More
The selling on Tue Apr 5 2022 was caused primarily by three events. The first without doubt was comments from two Fed Presidents, Daly and ....... Read More
Thursday’s sell-off culminated into heavier selling in the final hour and saw stock indexes close at the lows of the day. The extremely overbought rally ....... Read More
Following Wednesday’s lower close on all three indexes, the Market Breadth Indicator signals are providing a number of signals that investors should be aware of ....... Read More
For members, there are more signals tonight to be aware of before trading resumes. Looking at the Market Breadth Indicators and the Advance Decline numbers ....... Read More
For members, the last week saw the rally continue with some decent gains in both the S&P and NASDAQ. There are signals though that investors ....... Read More