May 2010
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Heavy Volume Reversal Erases Day’s Gains
A light volume rise in stocks for most of today’s session were completely erased as heavy volume selling sent stocks lower erasing all of the morning gains. The media is blaming China for reviewing their Euro holdings, but the fear of further weakening of the Euro had traders selling stock in droves. Volume on the [...]
Share on FacebookEnd of Day Rally Lift Stocks Off Their Lows
If you were living under a rock you would woken up not knowing what hit them as the market gapped lower. Those who were reading headlines were woken up to “market plunging” and “fear over European debt spreading.” Volume soared from start to finish as traders rushed in to sell stock in the morning only [...]
Share on FacebookA Quick Reminder About Follow-Through Days
Follow-Through Day according to IBD (Investors Business Daily):
After a significant market correction, the market will look to regain its footing. Any up day then counts as Day 1 of an attempted rally.
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Rally Hits Wall Street as Volume Drops Off
By BigWave_Trader on May 27, 2010
Rumors China was not looking at their European holdings helped fuel traders fire to scoop up shares. Unfortunately, institutions did not share the same vigor as volume was lower by more than 21% across the board. While the price action was certainly positive the extreme drop off in volume certainly gave us pause. The rally [...]
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