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Today's Volume Surge In Context

Tyler Durden's picture


Sorry to steal the jam out of the media pundit's donut but the better-than-average volume that is supposedly representative of something today in fact is solely due to the surge that occurred when we sold off into the European close and when Bernanke was dancing around Senatorial questions about stock market bubbles. It appears once again this afternoon that US equity algos have forgotten that Europe will open once again in 8 hours.



When Europe closed (at the lows) volume was 1.79mm contracts against an average of 1.1mm or 62% above average.

Now it is 2.5mm versus 1.7mm average - only 47% above average.


Charts: Bloomberg


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Tue, 02/26/2013 - 16:08 | Link to Comment Sach Mahoney
Sach Mahoney's picture

late day Viagra?

Tue, 02/26/2013 - 16:24 | Link to Comment Black Forest
Black Forest's picture

Other reason. Berlusconi's latest flame was just reported to be already 19 yrs old.

Tue, 02/26/2013 - 16:27 | Link to Comment NaiLib
NaiLib's picture

Darn, she is younger than mine...

Tue, 02/26/2013 - 16:42 | Link to Comment EclecticParrot
EclecticParrot's picture

More like a recipe for macaroons:  beat briskly until you get stiff [market] peaks . . . which henceforth may not have the same staying power -- or, will they?

Tue, 02/26/2013 - 16:10 | Link to Comment jcaz
jcaz's picture

They're just betting on the 10-1 Apple split tomorrow, complete with a special $500/sh dividend.....

Tue, 02/26/2013 - 16:32 | Link to Comment TruthInSunshine
TruthInSunshine's picture

It was a "market talk" (unconfirmed all across the board, of course) rumor-ramp-a-paloosa day!

Tue, 02/26/2013 - 16:10 | Link to Comment fonzannoon
fonzannoon's picture

Bob pisani is glued to ZH. everything he says, he says 5 mins after a zh article.

Tue, 02/26/2013 - 16:13 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Once a reporter repeater, always a reporter repeater.....regardless of the source.

Tue, 02/26/2013 - 16:19 | Link to Comment Cdad
Cdad's picture

Brother Cog,

Indeed, Cdad's proprietary BlowHorn [CNBC] Unwatchability Indicator is currently off the charts.  And as per usual, it remains true that the only way to get an unmanipulated view of markets refresh ZH.

I personally cannot wait for the ZH special due soon on just what Bernanke said today during the Q/A session of today's hearing.  Mr. Bernanke clearly explicitly said...there is no market...or perhaps The Fed IS the market.


Tue, 02/26/2013 - 16:25 | Link to Comment knukles
knukles's picture

What's really worrying me more right now is that if I go to Denver and order Rocky Mountain Oysters how can I be sure they're not Horse Cobblers?

And with the sequester coming, all of the Horse Teste Inspectors will be furloughed.

Boner, where are you when we need you?

We must pray to the great RMO god, Sack-o'-Nuts

Tue, 02/26/2013 - 16:28 | Link to Comment Dr. Engali
Dr. Engali's picture

I have to come clean Fonz... I am Bob Pisani. Thank you for watching.

Tue, 02/26/2013 - 16:34 | Link to Comment fonzannoon
fonzannoon's picture

if you are Bob Pisani then Francis Sawyer is Jerry Seinfeld. That's how far down the rabbit hole we are.

Tue, 02/26/2013 - 16:37 | Link to Comment Dr. Engali
Dr. Engali's picture


Tue, 02/26/2013 - 16:11 | Link to Comment Divided States ...
Divided States of America's picture

Another POMO day today?? Feels like the market is levitating on Bernanke's hot gas

Tue, 02/26/2013 - 16:12 | Link to Comment McMolotov
McMolotov's picture

ZH: Pissing all over the carefully constructed narrative on a daily basis.

Tue, 02/26/2013 - 16:12 | Link to Comment q99x2
q99x2's picture

Drug test the executive branch, house and senate.

Tue, 02/26/2013 - 16:20 | Link to Comment McMolotov
McMolotov's picture

Do bath salts show up on drug tests?

Tue, 02/26/2013 - 16:12 | Link to Comment Charles Nelson ...
Charles Nelson Reilly's picture

Rumor has it someone at CNBS walked in on Cramer masturbating to a picture of two twin show poodles after the move up.

Tue, 02/26/2013 - 16:17 | Link to Comment virgilcaine
virgilcaine's picture

We close Red today?  yes?  The "market" is just 'digesting' it's losses from yesterday.

Tue, 02/26/2013 - 16:21 | Link to Comment Edward Fiatski
Edward Fiatski's picture

Here... Hold this bag for me.

Tue, 02/26/2013 - 16:23 | Link to Comment dr.charlemagne
dr.charlemagne's picture

Volume surge= selling strength vs BTFD

Tue, 02/26/2013 - 16:26 | Link to Comment Serfs Up
Serfs Up's picture

My is coming.

Tue, 02/26/2013 - 16:30 | Link to Comment virgilcaine
virgilcaine's picture

Last half hour should be interesting. The SPY trading heavy. It wants to go.

Tue, 02/26/2013 - 16:32 | Link to Comment gatorontheloose
gatorontheloose's picture

to me it looks like closing sold calls waiting for upside.... :\

Tue, 02/26/2013 - 16:47 | Link to Comment thismarketisrigged
thismarketisrigged's picture

how the mother fucking shit are we fucking up this much? this is so fucking retarded.


its fucking amazing. whenever we have big gains, we continue going higher, and our pullback is like 20 pts. basically it takes months or it can take years to wipe away the gains.


whenever we suffer big losses, those losses are wiped away the next fucking day.


i really want to strangle obama and bernanke, biggest fucking douchebags on the planet. 


fuck u jamie dimon u fucking bastard, i hope u end up in jail along with lloyd and all ur other cronie bank guys. fuck u all douchebags

Tue, 02/26/2013 - 16:50 | Link to Comment Mark123
Mark123's picture

I am giving up on this casino, penny stock, rigged, manipulated "market".  Nothing makes sense anymore....and nobody seems to care.


We play with real money....they play with no-cost, unlimited credit lines which they create themselves.  It will all come crashing down at some point, and all the paper will be worthless (including the shorts).  Then they will declare a state of emergency and steal anything we have left that was not invested with the crooks.


I am actively looking for a new planet somewhere.

Tue, 02/26/2013 - 16:55 | Link to Comment El Hosel
El Hosel's picture

The dicks are banging the Vix again... suprise. Turn around Tuesday Bitchez, can't have people getting the wrong idea here, get those stocks back up where they belong.

Tue, 02/26/2013 - 16:55 | Link to Comment Law97
Law97's picture

Looks like we close right at the highs for the day.  Only question is whether we regain 1500 while we're at it. 

Don't see why not, since today's news should pretty much cancel out yesterday's news that the Eurozone is collapsing.

Tue, 02/26/2013 - 17:02 | Link to Comment El Hosel
El Hosel's picture

Kick the collapse down the road, its working like a charm.

Tue, 02/26/2013 - 17:01 | Link to Comment acompletedouche
acompletedouche's picture


This site has been USELESS for 4 fucking years as we have gone up,up and up.

Context my ass,until we go down this is just stupid.

Tue, 02/26/2013 - 17:17 | Link to Comment John Law Lives
John Law Lives's picture

ZH never told you to short the equity markets.  You make your own decisions.

Do NOT follow this link or you will be banned from the site!