This morning, the S&P 500 Trust (NYSE:SPY) is trading just 47 million shares as of 11:00 am EST. This is very light volume considering all of the news that the market has had today. This tells us that many institutions are waiting on tomorrow’s June non-farm payroll report by the U.S. Labor Department before committing more capital to this market.
Nicholas Santiago
InTheMoneyStocks.com
