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Yesterday's stock market rise didn't create much optimism that the recent pullback is over....

Yesterday's stock market rise didn't create much optimism that the recent pullback is over. Trading volume during the one-day uptick came in below the 2012 average and was 19% lower than Tuesday’s thrashing. Net new 52-week highs peaked at 280 companies on Feb. 3, but yesterday only 33 companies hit new highs and 27 hit new lows, for a net of only six.
Comments (3)
  • How about today's market?
    12 Apr 2012, 05:17 PM Reply Like
  • Hardly any stronger
    12 Apr 2012, 06:02 PM Reply Like
  • WCI:

     

    Actually, I was asking that in jest. The market volumes have been low throughout the multi-month rally and really don't have much to do with the market's direction, either way.
    12 Apr 2012, 09:00 PM Reply Like
DJIA (DIA) S&P 500 (SPY)