Markets get long awaited confirmation
October 21, 2014 12:11 PMToday’s broad advance in equity markets coupled with rising volume and positive breadth all add up to something we have been hoping to see - follow through. I dare say confirmation that our reversal of fortunes have been validated. Missing in yesterday’s trade data, and as a result confirmation, was volume. At the moment volume on the NYSE is running at +12.62%. The NASDAQ’s volume has risen 16.76% from yesterday.
