Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Friday, July 16, 2010

Stocks fight back

By Alexandra Twin, senior writer July 15, 2010: 4:19 PM ET

NEW YORK ( -- Stocks end little changed Thursday, erasing bigger losses after weaker than expected reports on the economy revived worries about growth.........

Market breadth: Breadth was negative and volume was fairly light. On the New York Stock Exchange, losers beat winners two to one on volume of 560 million shares. On the Nasdaq, decliners beat advancers 3 to 1 on volume of 1.2 billion shares.

World markets: European markets fell, with Britain's FTSE 100 down 0.8%, Germany's DAX off 1% and France's CAC 40 down 1.4%.

Asian markets ended lower. Japan's Nikkei fell 0.1%, Hong Kong's Hang Seng lost 0.2% and the Shanghai Composite fell 1.6%.

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