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Saturday, November 23, 2024

Dead Market Exhibit A: January Volume

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Presented with little comment except to say that the total lack of volume (and massive concentration of what volume there is at the close) is hardly reflective of a market that is anything other than broken and dying. Last January (2011) the average number of stocks traded on the NYSE per day was 891mm shares vs 661mm for this January (a 26% drop YoY!) and this is down an incredible 59% from January 2008.


 

Charts: Bloomberg

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