Bank Stocks and ETFs Encompass 41% Of Today's NYSE Volume
Themis Trading's Joe Saluzzi notes that Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE: JPM) and the financial ETFs (NYSE: FAZ), (NYSE: FAS), (NYSE: XLF) represented 41% of the NYSE composite volume today. 3.3 billion out of 8 billion shares traded.
Joe says, "All momentum and day traders", they "Busted the shorts today."
More from Joe at themistrading.com
Create E-mail AlertRelated Categories
Insiders' BlogTrader Talk
Stocks Mentioned
-0.11
+0.68Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
