The holidays are taking a toll on volume
July 1st, 2009
The coming fourth of July holiday seems to be taking a toll on the volume this week. Although the index has recovered back above it’s 20 day average the volume has been unimpressive. 
The 50 day volume average has been steadily increasing since May 2009. Tuesday and Wednesday this week have been the only two days in a row that the volume has been below the average. Thursday is shaping up to be day number 3.