Trading Volume Below Summer Doldrum Levels

Wow, can the volume get any lighter? The average volume this month (February) is below the summer doldrums of August 2010. Recently, news reporter Bob Pisani, from CNBC has been reporting that mutual fund inflows have been surging. However, traders and investors fail to see any increase in volume. As we all know by know light volume markets favor the upside. Remember the old market adage, “never short a dull (light volume) market.” This is as light as I have ever seen in the past five years. Oh well, maybe this is a sign of the times. Stay with the trend as long as the volume remains light.

About Nicholas Santiago 575 Articles


Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

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