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>> HEDGE FUNDS Latest News

JUN 13, 2014 - TheStreet

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The Market Rebounds on No Volume -- Buyer, Beware!

NEW YORK (TheStreet) -- The stock market on Friday had a bit of a relief rally from the selling of the past couple of days. The DJIA gained 41.55 points to close at 16775.74 while the S&P 500 closed higher by 6.05 at 1936.16. The Nasdaq was up 13.02 at 4310.65 while the Russell 2000 index closed at 1162.68, up 3.28. The volume on Friday was once again below average for an up day. This has been a common theme for a long while now. The buying conviction is simply not there on up days. I am continually seeing ominous signs of a market that is simply running up on air and cannot continue ... Read More

Tags: The Market Rebounds on No Volume -- Buyer, Beware!,  Hedge Funds Latest News