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, October 7, 2011

U.S. stocks rise on Europe and claims data

NEW YORK (MarketWatch) — U.S. stocks climbed Thursday for a third day, sending the Dow industrials back above 11,000, as Europe stepped up efforts to bolster its banks and jobless claims rose less than feared, supporting hopes for Friday’s monthly jobs report.

Read more

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...