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Wednesday, August 22, 2012

Trading volume at 5-year low. Don't panic - Aug. 22, 2012

Trading volume at 5-year low. Don't panic - Aug. 22, 2012

 Trading volume hasn't been this low since September 2007, with a daily average of fewer than 3.3 billion shares exchanging hands so far this month. And trading volume is down more than 30%, compared with the average August over the past five years.
What's more, the unusually low volume comes as stocks trade near four-year highs, raising concern that the recent move higher lacks conviction, and it's just a matter of time before markets are mired in a sell-off.

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