my before postal service on volatility. It's a squeamish example of the linkage betwixt book as well as volatility: when book slows down, markets motility less. This is because virtually of the slowdown is caused yesteryear the relative absence of large, market-moving participants.
A defining characteristic of the marketplace rally to this holler for is that higher prices bring attracted less amount participation. At around point--the holler for at which the narrowing participation translates into a narrowed participation of stocks--the rally loses plenty steam that its upside potential becomes severely limited. While the Dow stocks are nigh their bull highs, I simply posted to Twitter that novel 20-day highs yesterday were solely 1117. That is less than one-half of the levels of novel highs seen before this month. That has me questioning the bull's legs.
We're coming upward to a long vacation weekend, as well as then around tailing off of book from today forrad is expectable. Let's run into what the marketplace tin laissez passer on us afterwards that; hold an pump on those 20-day highs as well as lows. I'll live on posting them to Twitter each forenoon prior to the marketplace opened upward (follow here).
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