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Market Down Big On Normal Volume
The easiest way to refute CNBC, it seems, these days, is by presenting the facts. Contrary to repeated statements from the likes of Pisani that the market is down on small to no volume today, maybe the GE-subsidiary talking heads are thinking they are still stuck in Friday. Whereas the Friday major move up (especially in the last minute of trading - TM and All Rights Reserved, JPMorganChase ETF department) was, indeed, on abnormally low volume, today's selloff in the SPY is tracking exactly the average volume for the ETF.
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