The short pause from Wednesday, that many folks saw as the start of possible retreat, was enough to fuel yet another gap and go session. This time (compared to Monday) overall volume did get a substantial boost, but the NASDAQ was clearly the host of the celebration with plenty of volume to back up the…
SPY ex-dividend (yes, I first thought WTH when I saw the chart) and options expiration both sure managed to stir things up on the volume scale last Friday. The Heat Gauge shot up to a moderately warm +49, while overall volume significantly increased, which is not surprising considering the effect of triple witching… But what…
The gap in SPY has been closed, but yet many folks are going on how today’s close was “bearish.” Well as far as volume goes it wasn’t particularly bullish either (according to those folks it seems like it has to be one way or the other), so it’s fitting to say that now with a…
Trading Licks 