The third-quarter was quite interesting. The stock market experienced net redemptions but continued to rally on relatively light trading volume. Nowadays, Citadel’s algorithms largely control stock prices. So the question that we are asking ourselves is if the stock market can rally on light trading volume, then what happens when trading volume soars?
As mentioned on a recent Navellier podcast, there is a lot of cash on the sidelines that is waiting to pour intothe stock market once the uncertainty of the Presidential election is resolved once and for all.