What's with the massive volume spikes at the EOD on stocks? I was looking through AMZN, BAC, FB, NFLX... All have a huge spike of volume at the end of day. Is there any reasons for this and does it indicate anything for the next trading day? Is it a good/bad thing? I'm thinking this is typically when intuitions purchase shares and they don't want to draw attention to it mid day so they do it near closing.
Here's a screenshot of AMZN
Submitted April 06, 2017 at 05:12PM by blackdragon1299 http://ift.tt/2o2xmQo
