Online Stock Trading | Volume Slips but Price Action Remains Positive

Volume Slips but Price Action Remains Positive


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Earnings news drove the morning action as big tech stocks MSFT and INTC were a heavy drag on the NASDAQ.  Volume throughout the day lagged, even during selling volume was consistently below average.  During typical bull markets Wednesday’s action would have been accompanied by higher volume as shares rose at the end of the day.  Although lacking volume, the market still is flashing a few signs of bullishness with its price action.  It simply isn’t flashing we are in a raging new bull market.

You can read the rest of the commentary here:

There are a few leaders out there and a few that might become leaders.  I am keeping my eye on the ball here.

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