At least on the perspective of volume, today’s berserk rush to the upside has less volume compared to recent days.
December 26, 2018
-S&P 500 up 4.96%
-DJIA up 4.98%
Today’s S&P 500 trading volume of 2.73 billion shares is 16% lower than its average trading volume in the past four trading days. DJIA’s 433 million shares traded is 22% lower.
I picked the just the average of the last four trading days because this is when it felt like the market was on its way to total panic/bear market-like scenarios. I hope we do recover the volume as well so as to have a more solid foundation of this comeback rally to year-end.
Cheers to the remaining trading days of an unforgettable 2018!
Submitted December 26, 2018 at 08:43PM by markyu007 http://bit.ly/2CzsyLc
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