I mentioned in Monday’s video that this week would be fragmented and volume would be light after the holidays before picking up as the week goes on.
We only had about 60% of the average trading volume on Monday. I hope we’ll get closer to 70 million today because there isn’t much followthrough, especially for day and swing trading — you need volume for stocks to move with conviction!
The market also gained about 10% to start November, so it’s hard to see if this is a pullback or just congestion before moving higher once volume returns.
The last two months of the year are generally bullish, so I wouldn’t go too crazy about the market dipping a little bit in a low-volume environment.
I’ll cover all that and more in this morning’s “Premarket Must Watch” video!
In today’s all-new briefing…
I’ll discuss tech earnings… if energy markets are pulling back… if bonds are breaking out… the sectors to pay attention to right now… Fed data on the table… and the critical levels you need to pay attention to right now!
P.S. Did You Miss Us on Monday?
Monday’s big reveal of the Infinite Loop with Casey and myself was incredible!
Folks were dying to know how an automated trading robot could target 15% to 25% in extra cash flow a month!
Not to mention, you barely need to lift a finger!
So, we are going live once again today at 1 p.m. ET today, Nov. 28, for a special encore event!
You’ll also get a PREVIEW of the biggest trade Casey is looking at right now…
