Excerpt from CNBC on LYFT
"More than 41.6 million shares changed hands on Monday after 71.5 million shares were traded on Friday. The company only sold 32.5 million shares in the offering, so the market is seeing more traders than long-term buyers."
How come volume is greater than total shares...
Thanks for explaining this. Can you please expand on "it starts in the full-size futures contracts and then a program trade(basket vs. futures) is done to exit the futures"?
What i understood is that indexers buy futures contracts and then sell them off to reduce the impact to the market?
Looks like zero hedge has an explanation for the rally.
https://www.zerohedge.com/news/2019-02-15/how-are-markets-higher-buyers-strike-continues-11th-straight-week
What is the impact of 401K on Index funds and Individual stocks? As a lot of money gets into the markets during the first weeks of the month ,shouldn't these securities move up a lot during this time period?
When i look at the volume for some stocks at the last minute of the day, it is usually a lot higher but it doesn't move the price. For example, the last minute volume of googl on Sep 21st is 1.3 million but the price didn't move. Whats the rationale behind this?
This is my first post in this forum. One thing which always puzzled me is stock volume. How does a stock always hit the minimum volume every day. For example, if we take google, every day it trades a min volume of 1 million shares.