
Tuesday saw Apple recover 2.5 percent and that seemed to bolster a lot more confidence despite continued tariff concerns.
Oil prices rose more than 2 percent ahead of the hurricane landing which also pushed up oil stocks although analysts believe the rally in those stocks will be very short-lived.
In general tech stocks were the big stock on Tuesday with Microsoft up 1.7 percent and Facebook up 1.1 percent.
Aside from oil and tech, two home building stocks rose on the belief earnings will be boosted by the hurricane. Those two stocks were Lowes and Home Depot. The question now is whether the rally from Tuesday will last into Wednesday. Let’s review the Market Breadth Indicators to see what they can tell us about tomorrow.
Advance Decline Numbers Outlook for Wed Sep 12 2018
Here are the market breadth indicator signals along with advance decline numbers from the S&P 500 Index and NASDAQ Index for Wed Sep 12 2018.
There were numerous trades today in the market protection section and there are statements regarding established stop-loss for Wednesday.
The market breadth indicator analysis and outlook is for FullyInformed Members.
Market Breadth Indicator – Advance Decline Numbers Outlook For Wed Sep 12 2018
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