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Only a day after slowest day of yr, the busiest in a month

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By Peter Boockvar - March 9th, 2010, 4:01PM

Only one day after yesterday’s slowest consolidated NYSE volume day of the year, today’s volume is snapping back to be on pace for 5bish for the first time since Feb 9th. I’ll leave it to the technicians to determine whether that makes today’s closing action more important than usual in terms of the short term future direction.

Yes, the action in C (500mm more than yesterday), FNM, FRE, and AIG are adding a lot of volume and distorting the volume figures but the action in these 4 names highlights the ramp in speculative activity today.

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Category: MacroNotes.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Only a day after slowest day of yr, the busiest in a month”

  1. The Big Picture » Blog Archive » Citi Rumor Moving Shares Says:
    March 9th, 2010 at 4:02 pm

    [...] « Listening To Market Volume Only a day after slowest day of yr, the busiest in a month [...]

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