Monday, April 30, 2012

Equities: which way from here

Up 1% this week.
After that, who knows.
From Marginal Evolution:
There is lot of negative talk about the absence of stock trade volume on the way up in the equities with pundits citing it as an ominous sign that it signals an eventual collapse in the stocks.

Above is a connection between equity spikes and volume on that day for the last 4 months and one can clearly see that volume spiked higher on days the Dow rallied....MORE