Why does it seem there so little action now in market?

First, this is Thanksgiving week, and many of the big traders take the week off. This impacts volume greatly. Also, this steady move up in the markets the last several months has been on declining volume. There you have it. A light volume environment during a holiday week. The bright side for traders is they usually run some stocks this week, so there are opportunities.
 
Thank you much, makes sense to me.
Quote from CET:

... Also, this steady move up in the markets the last several months has been on declining volume...The bright side for traders is they usually run some stocks this week, so there are opportunities.
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It would seem to me the former comment you make about declining volume is a cause of concern regarding potential end of rally; in the latter statement you express optimism this week; is the latter based on historical info?
 
A deal was done with the devil. GS guaranteed stable and ever increasing markets if all their competition was removed, a win–win outcome
 
Quote from Option Trader:

Also, where do you look to get a better understanding of the current issues that affect the CURRENT trading volume and level of activity?
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It's a holiday week and volatility or volume is suppose to be declining. To get a better understanding of current issues having impact on current volume or volatility...

Try using what you find on a good forex calendar that contains times of the next key economic reports, speeches, auctions, expirations and even holiday information.

http://www.forexfactory.com/calendar.php

http://fidweek.econoday.com/

http://www.federalreserve.gov/whatsnext.htm

http://www.ecb.int/home/html/index.en.html

If you're into technical analysis...save it for last as confirmation.

Mark
 
Mark, thank you much.
Quote from NihabaAshi:

It's a holiday week and volatility or volume is suppose to be declining. To get a better understanding of current issues having impact on current volume or volatility...

Try using what you find on a good forex calendar that contains times of the next key economic reports, speeches, auctions, expirations and even holiday information.

http://www.forexfactory.com/calendar.php

http://fidweek.econoday.com/

http://www.federalreserve.gov/whatsnext.htm

http://www.ecb.int/home/html/index.en.html

If you're into technical analysis...save it for last as confirmation.

Mark
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Looking at the site forexfactory.com, I noticed the red, orange, and yellow color denominations. It seems to me red means big impact--however, they mean "big impact" only RE: the currency type mentioned to the left, correct?
 
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