Why is everyone ignoring " Volume " low volume rally saying its a new norm.
I thought it was averaged over 3 months, people are trying to fit it in their model as per convenience. Even our friend Pudo who is anti TA would agree that volume is one of the biggest factor indicating strength of a rally!
Long term funds exiting, fed and gs buying it right back to push it up, give less and less volume. Especially w futures gap ups, you have no underlying sales... It may be new, but sure isn't normal, and with some stocks with pe's over 100, this is creating more and more hyperinflation. Crude went over 100b and commodities including gold have spiked to new highs.