Stocks Slide on Low Volume
Filed Under Market Commentary | 1 Comment
Santa Claus is coming to town, really?
Monday’s session was lackluster at best. Volume was the lowest in a week’s time and was well below Friday and Thursday’s level. A sign large institutions were not selling down this market. Holiday week’s will always be low volume as many are on vacation. Yesterday’s action helped relieve more oversold conditions. Do not make too much of the action during this week as many people are away on vacation.
It is time to be with family and enjoy the Christmas season. Time to be giving and helping out others.
I do not expect too many exciting things coming up, but there is always a chance.
Best,
MS
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