Summary of today's trading activity. Thank you for the data sub. Sorry it's a little late but I needed to get away from CMKX for a while and take in some time at the lake.
WOW... This is the first day, since we began tracking this data in May, that the $ volume has been under a million dollars. IMO, most longs have about finished securing the position they're comfortable with. Traders, players and skeptics are probably waiting for the outcome of this week's meetings before buying in... I expect to see us moving real fast real soon. (again, just my opinion.)
Thursday, Aug. 12th
.0003
# Trades – 92
# Shares – 315,663,097
$ Volume - $ 94,699 ~ 10 % of total $ volume
.0004
# Trades – 896
# Shares – 2,126,778,796
$ Volume - $ 850,712 ~ 90 % of total $ volume