We thought our love-fest last night was it for the year, but today's action warrants a post tonight. Thank you all for the reciprocal acknowledgements : )
I'll be darned if we didn't nail the layup trade higher today!
Volume came in hard today -- so much for a coma Friday. Geez. Amazing!
The market printed the biggest initial balance volume print of the year -- if not multiple years.
Only 5 days all year NYSE volume greater than today's end of day volume.
Told you that the programs would strike : )
Volume like this could indicate a fresh auction higher out of balance. Or be suggestive of a whole bunch of laggards piling in at the wrong time.
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