TVO Market Barometer 12/4/15

TVO MB 12-4-15

Friday’s snap back rally was accompanied by a healthy dose of up volume (a cool -4 on HG). There was, however, a drop in volume overall (-6%), so the bulls may not want to stay too complacent if they’re hoping that Santa will arrive on time this year. If you’re wondering why TVO seems to be stuck at -2.4, well, it’s due to lack of volume in both directions. It rarely stays that way for more than a few days (since 1978 it’s never been at the same value for longer than a week), so one side will soon have to give. -MD

For more on market volume, The TVO System, The Heat Gauge (HG), or how to trade options follow me on Twitter (@TradingLicks) and StockTwits!