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« LEH Earnings | Main | Fed Volume: Update »
Over the last month volume has been progressively lighter. We noted that yesterday's volume on the NYSE was 35% less than the 50-day average. Today is no different. In the first chart below we highlight recent volume as it compares with the average over the last year.
In the next chart we highlight that, despite recently low volume, the trading so far today has still been less than the 5-day average.
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