Dwindling Volume This Month

September 19, 2008

Fears over the financial sector spooked traders once again on Monday. The Wilshire 5000 lost 1.93% on the day. Trade 4 Cash and Tier 1 Steady MV followed suit, both falling by about 1.7%. SCMV Weekly and Wave Rider lost less than a percent, as those two systems are still holding a portion of cash.

Drifting down seems to be the mantra of the markets over the past couple of weeks. Not only are prices drifting down, but volume is, as well. Overall volume has been trending down this month, and since we are heading into the Labor Day weekend, this trend is expected to continue for the remainder of the week.

Trade 4 Cash has two trade signals for today. Have a great Tuesday!