Light volume selling as we saw on Friday should not be a cause for concern.
Not exact matches
Among widely followed indicators, we can see some of this in the declining number of individual stocks achieving new 52 - week highs when the major market indices push higher, by the tendency for trading
volume to become dull on advances and expand on declines (or what is a similar observation, the tendency for the market to make little progress on heavy up -
volume and substantial downside progress on
light down -
volume), and in the recent explosion of insider
selling.
When the market opened, investors valued the company at $ 30 billion, but
volume was
light without the influx of new shares typically released during an IPO to raise cash for the company or underwriters to all - but - blindly buy and
sell shares.
This relatively
light volume suggests that, while
selling was intense, it was likely not heavy enough to qualify as panic
selling.»
After a few days of
light volume chop, $ NEWR
sold off with the market on April 13, but swiftly bounced back after closing in the top third of the day's range and finding support at the breakout pivot.
However, if the breakout occurred on measly
volume, it only takes one bout of institutional
selling for the breakout to fail because supply would easily overwhelm demand if breakout
volume was
light.
With the strong
sell - off in December Gold's long - term uptrend looked to be in trouble, however the January rebound, albeit on
lighter volume, staved off a complete breakdown.
Nissan, which
sold 583,814 Nissan cars and
light trucks and Infiniti cars last year, has lost more than 30 percent of its U.S.
volume since 1985.
February 2018 Highlights TMNA, Toyota and Lexus divisions posted best - ever February
light truck sales Toyota division SUVs up 12.6 percent with 61,521 units
sold RAV4 posted best - ever month with sales of 29,867 units Camry sales of 30,865, posted double - digit growth year over year Highlander posted sales of 15,960 units Toyota division pickups increased 15.4 percent Tacoma sales up 18.0 percent with 16,817 units Tundra posted sales of 7,977 units, up 10.3 percent Lexus division LUVs up 12.3 percent, a best - ever February NX up 21.3 percent in February, a best - ever February RX posted monthly sales of 7,238 units, up 8.4 percent GX sales up 16.1 percent Lexus LS sales were up 86.4 percent * Note: Unless otherwise stated, all figures reflect unadjusted raw sales
volume.
Renault — Europe's top -
selling light commercial vehicle brand — says maximum load lengths of 3.75 metres (SWB) and 4.15 metres (LWB) set new benchmarks in the segment, with the two lengths boasting internal
volumes of 5.2 and 6.0 cubic metres.
The four
lightest months of the year for existing home sales, which is November to February, account for 27 % of an average year's total home -
selling volume.