My response to your questions:
Schwab sends me alerts when ECU goes down a lot or is being traded heavily. The alert I just got said:
"ECUXF is down $0.03 or 7.09% to $0.46 on heavy volume that
exceeded its daily average by 50.1%. This performance is worse
than the broader averages as the S&P 500 is up 0.22% on the day."
A: Heavy volume is just that, more trading than on the averag e trading day, news releases concentrate on trading volume rather than commenting on whether increased volume is positive or negative
Where does one find the volume? And if it's really heavy, and the price is down another 7% today, wouldn't that be sellers? When will it stop?!
Volume is quoted on most listings, try Yahoo, stockcharts or bigcharts.com. No it doesnt mean automaticallythere's more volume on the selling side as the market is set by a lead trader known as the specialist, and other traders/brokers knows as MM's. MM's often trade between each other, sometime the specialist wil bring the share price down in order to 'wash out' longs likely to panic sell, or trading will run stop loss triggers. Sometimes there's a general market link associated with black box trading like metal futures.
