FYI: Today was another 1% day, meaning the S&P 500 experienced a move of 1%+ on the upside or downside. We received a request to take a look at volume on these 1% days recently, and below is a comparison. As shown, volume in S&P 500 stocks has been much greater on 1%+ down days since the start of August than it has been on 1%+ up days, and the disparity has been even more pronounced than it has typically been over the last 10 years.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/volume-on-1-up-days-vs-1-down-days/