Market Lab Report – Intraday Market Pulse 12/29/15

By | December 29, 2015

Scalper1 News

Major averages fell yesterday on higher volume compared to Thursday’s holiday-shortened session, and was well below its 50-day average as it was the second lowest volume of trade seen in weeks. However, after a weak start, the averages managed to close near the top of their respective trading ranges, a bullish sign. This morning the indexes are continuing higher as oil prices bounce and big-stock NASDAQ names like GOOGL and AMZN break out to all-time highs. Quiet trading volumes this last week of the year can amplify volatility, so keep stops on your stocks tight. Scalper1 News

Scalper1 News