LME volume on US market I'm not a stock broker or financial guy so my observation below may be irrelevant or incorrect. Would like to hear what others think
I check the daily volume pretty often, on both LME.V and LME.FF (US trade) and I've noticed a recent increase on the US side.
For the past year, the avg volume on the US side has been around 1000 shares per day or less. Yesterday I noticed 50,000 shares were traded and 61k today. To me, this is very bullish.
Are there leaks on the USCG side? Are their friends and family starting to buy?
Or
Are these just Canadian investors using their American account to buy shares?
I realize it's not crazy volume, but it's quite the increase from their daily average.
i will continue to watch
LME Long, $3.75/share cdn - before year end
mic drop