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inthemoneystock (< 20)

Light Volume Stock Market Float

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January 30, 2012 – Comments (0) | RELATED TICKERS: SPY , AMZN , AAPL

Light volume is saving the day once more. After an ugly gap lower, the markets are floating back towards the flat line. This is classic behavior for a market without volume. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $131.10, -0.63 (-0.48%).

Earnings continue this week with Amazon.com, Inc. (NASDAQ:AMZN) reporting Tuesday after the market close. This is highly anticipated after Apple Inc. (NASDAQ:AAPL) reported blockbuster results.  In addition, Friday, Wall Street gets the Non Farm Payroll and Unemployment Report. This will be looked at closely but big players, waiting to buy or short the market.

Gareth Soloway
InTheMoneyStocks.com

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