Is This Market Breadth Thrust Signaling A Bullish Outcome For Stocks?

Chris Ciovacco

The stock market made a nice comeback on Friday, with the major indices surging back to test (or make) new highs. The S&P 500 (SPX) finished at 2907.41, a new-multi month high.

The rally over the past few months has produced several bullish signals, with some being quite historic.

If you go back through my archives here on See It Market or over to my blog “short takes” on my website, you’ll find several articles and videos sharing studies that called out these signals.

Today we share and discuss market breadth thrusts, along with highlighting a recent and powerful one.

And while the early 2019 discussion has revolved around bullish stock market signals, it’s good to note that these signals do not foretell an uncertain future.

No one can predict the outcome of the market with certainty. However, we can use our research, studies, and signals to weigh the probability of good things happening vs bad things happening. Enjoy today’s video.

Stock Market Video – For the week of April 15, 2019

Click play, then you can use the button in the lower-right corner of the video image to view in full-screen mode. Hit Escape (esc) to exit the full-screen mode.

Twitter:  @CiovaccoCapital

The author or his clients may hold positions in mentioned securities at the time of publication.  Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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