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David Spurr

Where’s The “Flood Of Investors” In The US Stock Market?

By David Spurr on July 21, 2009 | More Posts By David Spurr | Author's Website

Decide for yourself what to believe:

A flood of investors have come into stocks broadly recently thanks to some better-than-expected earnings last week. While the news for CIT would seemingly do little to help the broad market, the details were used as a signal by some to put more of the returning cash back into stocks. - WSJ

Here’s the chart of the volume on the NYSE . Last bar represents Monday’s volume:

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