Consolidated NYSE volume on track for another sub 5b share day

November 10, 2009 3:56pm by

To quantify the fall off in volume seen over the past week of trading, assuming current trends persist to day’s end, today will be the 4th day in a row of total consolidated NYSE volume below 5b shares for the first time since mid July. I’m not going to give a technical prediction based on this but the drop off in volume is likely due to Q3 earnings season being basically over, the economic calendar quiet this week, a greater focus on risk control (sometimes by doing less) as we are close to finishing up a good year in stock performance, in nominal terms and a general uncertainty about the state of the world with sluggish economic fundamentals on one hand but free money falling from the sky on the other.

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