Study: the stock market is rising on falling volume. Not bearish for stocks

Discussion in 'Trading' started by Troy Bombardia, Apr 17, 2018.

  1. While I don't necessarily agree or disagree with the conclusion, "studies" like this is extremely biased. The author picks 8 examples over the past 20 years which fitted with his point. I could've easily done the same and found 8 examples where the market rallied on rising volume. He should've quantified every major swing and it's volume impact over the last 20 years and provided empirical evidence.

    However yes "conventional wisdom" = usual textbook BS and should be questioned.
     
    Clubber Lang likes this.
  2. This is a setup, remember " sell in may " ...
     
  3. Buy1Sell2

    Buy1Sell2

    Volume is not a worthy consideration when ascertaining price direction.
     
  4. Jackpot

    Jackpot

    We will not crash this week. But we will next week. Let's see if the Artificial Intelligence prediction comes true. So far, it was correct each week of the month.