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Volume Heats up As Stocks Show more Bullish Signs

Market Speculator (June 2nd, 2008) Writes:
Volume jumped across the board Friday market the 3rd straight day worth of volume increases. Along with the volume increases we did see stocks move higher showing signs of accumulation. There is no doubt that the decline in oil prices eased the fears of traders on Wall Street helping fuel, pun intended the gains this past week. The only issue with this past week was volume was lower than previous week. Now mind you we didn’t trade on Memorial Day so this is a bit skewed, but we did see lighter trade all week. This past week highlights that its too difficult to make large bets on either side of the isle. I would expect to see this continue until we see more volume. Positioning yourself in this market is a difficult task. Many have to weigh action versus inaction. Most will choose ...

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