Institutional Surge Sparks End of Day Rally

November 30, 2009

Friday’s shortened session provided fireworks, but Monday’s morning session showed traders were hung-over from the festivities. It appeared institutions were simply stepping aside during the morning as traders were dumping holdings from Friday’s move. Another low volume boring day in the markets until 3 o’clock rolled around. After 3pm it appeared institutions began to accumulate [...]

Posted by MarketSpeculator | Filed Under Market Commentary