On the 20th of Jan, the Dow shed 250 plus points, but the volume on the NYSE did not even make it to the 3 billion mark.
Markets closed on a positive note on Jan 22nd and volume soared once again. If you look at the history, you can see that in general someone is buying the dip and this someone is most likely the smart money. Look at up volume it soared by a massive 704% on the NYSE.
Friday Jan 29, was the only day where volume dried on an up day, but to be fair the volume on Thursday, Jan 28 was a down day, volume was not that high either. Down testing of the lows is most likely
Volume surged once again on Feb 15th, indicating that the smart money once again is buying the dip and not selling into strength as the Naysayers and Doctors of doom would have you believe. UP volume surged a whopping 1,035%
The evidence is clear rather than selling into strength the smart money is buying on the dip, while the masses panic and dump most of their holdings at rock bottom prices. This is history repeating itself or ground hogs day in real life, the game plan never changes, the masses always run for cover when the going appears to be getting tough and the smart money always comes in and scoops up gems for next to nothing.
Make a list of stocks and Use strong pullback to open new positions in companies that have strong quarterly earnings and revenue growth rates.
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