Big day, bad volume
Traders enjoyed a bit of a relief rally, at least in the indexes. The Nasdaq Composite jumped more than 0.7%, yet only 41% of volume flowed into advancing stocks on the Nasdaq. That's the worst Up Volume Ratio since at least 1984 for such a big up day in the Composite. Other times it rallied this much with more volume in declining than advancing stocks, it tended to pull back.

