Trader Mike

We all know about the record volume on some exchanges yesterday. And I heard that the jump in the VIX was a record move as well. Clearly the market got people’s attention yesterday. But I have another stat — this site had a record traffic day yesterday. Usually my traffic peaks around 10 AM and slow drifts lower each hour during the day. I’ll typically get just over 300 visits per hour in the morning and that will drop to around 100 per hour in the evening. Well check out what happened yesterday:

As you can see, I was getting over 3 times the normal traffic last night. That pushed my …

I’ll call it the “stock market sucks” indicator. I made a post back in May entitled ‘This Market Sucks‘. Over the subsequent months I’ve gotten a few hits from search engines from people searching on the term ’stock market sucks’, but those hits have really picked up of late. Case in point, I just got 2 within minutes of each other today:

It looks like the angst level is certainly rising if people have turned to searching that phrase on Google for help. Forget the VIX, this will be my new fear & loathing indicator.

As many of you probably know by now, gaps are one of my least favorite things. All this market seems to do of late is gap at the open and then just sit there. That makes it really tough to make any money unless you just happen to get in the day before on the correct side of the gap. I think this type of action smacks of illiquidity and apathy amongst market participants. I have a feeling that not much is going to change until after Memorial Day. [rant off]