We've entered the max shennanigans period, where opex activity becomes a critical factor in the day to day machinations. In my counting, each MM portfolios volume was 60% to 70 % all one stock, removing them from the gross total days data, presents the best picture.....and that picture is there are no sellers, volume remains ridiculously low.
Investor intent.....meets mr market. The two are not compatible, as mr markets goals are to take investor stock from investors low or lower, and hand that inventory off somewhere down the line, higher. Investors without awareness of mr markets modus operandi, with respect to gaming supply, are but leafs in the wind.
People in general dont appreciate how little stock there really is, all the noise in the market disguises the grave imbalances that truly exist. Our hosts want to talk about everything accept this problem, Supply matters folks. Scarce supply of the most favorable forward demand, amplifies the intent of the game players, everyones goal is the same, to own the best, and get rid of the rest.
Volume is the only true measure of Intent, because in todays market price is an artifact..
The ability of the trade to function on any given day as a Bucket Shop, speaks to system construction, If the market wanted transparency and integrity, Supply and demand would replace the schemes that masquerade everyday for the market.
Everyone must know; that even with transaction volumes at light speed, adding and subtracting units of a given stock against the relative constant of a float isnt rocket science.
The algorithms are in place to paint pictures that work to the motive of the owners of the algorithms. Stock investors are simply the targets of these masqueradings, intent.
When volume disappears across an entire range, you pretty much better understand what that means. Otherwise you will be,just grist for the mill. |