We won't have a decent red day. The opening down move will taper off, and as soon as the volume goes into the "non-existent" category again, the bots and algos will bid up the market on no volume to close us green. It's been this way for how long now? No reason to expect any different. If you didn't buy on the dip, you missed a rare opportunity (rare being a down move in this market).
It's a bear trap. The bears aren't dead quite yet. When we go to S&P 1300 in 2 months they will believe
EWZ has not broke out to new highs guys which means no more buys and best to let one's hands rest beneath their thighs until the nigh of options expirations then surprise!!! Where's the retort from dickhead!!!
the market is stalled, waiting for INTC report. they better surprise to the upside by A LOT or bulls may get creamed. INTC is up ~8% since the last earnings report.
The market isn't stalled. The market is performing the exact same maneuver it has for the last year whenever a down move occurs. Volume subsides, algos kick in and churn it higher, selling to each other.
Market is stalled because there is no volume, the upside has happened so fast in such a short time that now its going to take really great news to push it up 1-2% a day, without any news it will just slowly step higher day by day. Intels report is going to be important than Alcoas they are looking for .38C on 9.81B rev. Margins are going to be looked at very closely, many looking for 61-62%. Anything below 60% will not bold well for the stock.
SPY volume still half of the average. SPY Volume: 102,840,459 Avg Vol (3m): 198,578,000 As for the overall volume I wouldn't read too much into it, ABK made up over 700,000,000 shares today.