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inthemoneystock (< 20)

SPY Trading Volume Is Very Light Considering ALL Of The News



July 07, 2011 – Comments (0) | RELATED TICKERS: SPY , DIA , SSO

This morning, the S&P 500 Trust (NYSE:SPY) is trading just 47 million shares as of 11:00 am EST. This is very light volume considering all of the news that the market has had today. This tells us that many institutions are waiting on tomorrow's June non-farm payroll report by the U.S. Labor Department before committing more capital to this market. 

Nicholas Santiago

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