Summer is seasonally a low volume time for the market, the big traders are on vacation with their families, playing golf with their buddies and attending various charity events in beautiful locations. Meanwhile, the rookies are at the desks with their hands tied behind their backs.
Now that Labor Day has come and gone, volume starts to pick up and the rookies are back to fetching coffee for the big boys. This year has certainly not been immune to this traditional September adjustment
As always I use my top down approach to first identify [Read more…]