TVO Market Barometer 2/17/17

Last Friday in the stock market and the other night in Sweden have one thing in common: Nothing really happened… Well, as far as volume is concerned. The morning flush/afternoon recovery for most bulls was all well and good (and lately quite a familiar script), but HG at -1 says both sides came out about even at the moment. Is it just the shifting sands or a dramatic pause before the fall? TVO is only just starting to once again move above zero, so a potential volume expansion (and a subsequent price rise) still has plenty of room to run. And since the start of 2017, distribution has been virtually non-existent, so while things may be shifting around, the big boys are staying right where they are. -MD

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