Got this in an email from a reader this weekend, just had to share as it makes just way too much sense…..
Just look at the top 20 stocks traded on Friday.. Most are pieces of Sh…
Citibank trades 1.4 billion shares!!! When I got started in the business in the early 80’s everyone was worried what would happen when the WHOLE MARKET TRADED 100 MILLION!!
This volume is distorting the fact that most investors are doing nothing. This is not healthy volume in terms of sponsorship.. John Hussman of Hussman funds is probably right about this..
Disclosure (“none” means no position):