TVO Daily Market Barometer 3/17/16

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It just wouldn’t be St. Patrick’s Day without a wee bit o’ green, now would it? Well, unfortunately for the bears (who seem to still be sleeping off a hangover from the last holiday), there was much more than a bit of green on Thursday, and other than a slight rise in declining volume on the Nasdaq, the bulls paraded straight through town with just about the same amount of volume accumulation as Wednesday’s session. The next chance the bears have (and possibly the last one before testing SPY 208) to avoid being squeezed further could be the shot of high volume and volatility we get from triple witching on Friday. -MD

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