Where has the volume gone ?

[themickey]

The lower the volume the better for a bull market.
The more reluctance of players to enter, the more traders who are sidelined, the less interest, the greater the fear, the more that Joe Public hates the market, these are all good signs of a sustainable rally.
The more that short term traders are whipped around, the more that HFT are making life difficult and competitive in that environment, this is all good for the market.

 

[pfranz]

Quote from themickey:

The lower the volume the better for a bull market.
The more reluctance of players to enter, the more traders who are sidelined, the less interest, the greater the fear, the more that Joe Public hates the market, these are all good signs of a sustainable rally.
The more that short term traders are whipped around, the more that HFT are making life difficult and competitive in that environment, this is all good for the market.

Low volume never was good sign neither for bull nor for bear market.
Here we are not talking about retailers: we are talking about hedge funds and institutional investors.

 

[rfriend73]

To expand on my initial statement, not only has the volume decreased but so has the daily range.
A number of $50 -70 stocks last year had $1-2 daily movements between LOD and HOD, now they would be hard pressed to do half that. Fewer setups and decreased opportunities with this range bound market.

 

[stock777]

best intraday scalping market in 15 years.

 

[will848]

Only an idiot chases a bull run on low volume. Prices are not efficient when traded on low volume.

Hold.

 

[rfriend73]

Quote from will848:

Only an idiot chases a bull run on low volume. Prices are not efficient when traded on low volume.

Hold.

Agreed..the Feds influence is warping the normal dynamics of the market.

 

[newwurldmn]

Quote from rfriend73:

Agreed..the Feds influence is warping the normal dynamics of the market.

There's no such thing as normal dynamics of the market.

The market is what it is.

 

[rfriend73]

Quote from newwurldmn:

There's no such thing as normal dynamics of the market.

The market is what it is.

Yes, the market is what it is..so amend my comment to "the new and unprecedented dynamics of the manipulated market". Why shouldnt the bull market continue its run ?

 

[Shadetree42]

Can someone show me a low-volatility, high-volume stock market? Would love to see one example of that before people start saying "we're moving higher, but on weak volume".

 

[toolazy]

it is type of market where one just has to buy. There is no signals, if one uses TA.

And these things can take painfully long to break.

and usually there is climax run

to suck all the bystanders complaining now.

they keep holding the bag.

there is no substitute for experience. I was once bystander too