Slim Pickings

Looking for stocks rising on heavy volume? Good luck.

I just looked at the "Nasdaq Stocks On The Move" table in IBD. It shows stocks making moves on high volume relative to the average 50-day volume. Usually there is a whole list of stocks both in the advancing column as well as declining. So guess how many were on the list of up stocks yesterday?

One. Yep, that's it. This is the lowest number I have ever seen. FYI, the stock was Intuit (INTU). I am not sure how meaningful this anecdote is, but it sure reflects on the lack of enthusiasm in the market right now.
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