Low Trading Volume, Still High

The stock market’s rise since the March 2009 lows was nothing more than a bear market rally. Yes, it was a huge rally, but not out of the realm of similar historical examples.Low trading volume, still high valuations and lingering economic problems — especially within the real estate sector and the banking system — have been strong arguments for my outlook. And the history of burst real estate bubbles could serve as a blueprint for our current dilemma.I’ve never departed from that assessment of what was going on …In fact, over the past months I’ve regularly predicted that the March lows would finally be…