Mike Webster: Volume Data Is Dirty, So Use These Chart Tools Instead | Investing With IBD

Turning down the volume. Mike Webster, senior market strategist at IBD, joins Investor’s Business Daily’s “Investing with IBD” podcast to explain why he thinks volume is problematic - and how he leverages insights from other chart elements to make buy, hold and sell decisions. Learn how doing your homework helps, the importance of price and why Inspire Medical Systems (INSP) and Cava (CAVA) are showing potential.
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[@alphabeta8403]

29:00 Volume lover 33:00 Algos 37:00 *Volume is conviction* 46:30 39:30 NASDAQ 51:00 INSP 54:00 CAVA 59:00 ALAB

[@EnricoPozzo]

These videos are so generous. I learn so much each time I listen to each of you. And I am so loving the Webby indicator. What a great indicator to discover the beginning of powerful moves!

[@perretti]

Thanks guys. Very helpful for an old n00b like myself. I got trapped in some despite my trying to follow your directions

[@SkipHeflin]

Love the attitude displayed in the videos by this IBD group. By sharing your knowledge you are helping those of us here to learn, so thank you!

[@bobseltzer2823]

Webby your vol. Thesis was well supported. Hard to argue with it if the data and new ways the market trades no longer makes the volume indicator relevant. Thks for the detailed insights behind the "the dirty" tag line. I'm avid Ibdlive listener and swingtrader...loving the new changes keep it up. BTW, one up on wall street was my first investment book read. And Magellen was my first mutual fund investment in 1983.

[@ndreravi4576]

priceless ! thanks ! save it as eternal lesson !

[@vladimirborisov3242]

ow, following your footsteps really paid off! I also got 5 out of 7 and it's the best I've done in a while. Thanks for sharing your strategy

[@wshobson]

Thanks guys. And thanks Mike for the math tidbits.

[@patslack7837]

I Totally agree on the volume Mike !

[@AgSus-xq8rz]

Thank you

[@stephenkutney9626]

I think it's correct to say that IBD reports pro forma earnings. I see other sources that report basic earnings. I think basic earnings are GAP earnings. It would be nice if IBD reported GAP earnings. The difference can be substantial.

[@mmm-cake]

🤘🏼

[@andreschavez9671]

44:14 iconic pause lol

[@minazhassam9821]

agree with the volume suspicions............

[@andreschavez9671]

24:13 Irusha's face, priceless hahaha

[@Dwight-oo4hr]

I really enjoyed the history part of the program and think we maybe caught the bottom today market down and has reversed. Time will tell.

[@MTN1234-]

Bad news = Price data like volume can be and is manipulated by players…So, no “clean” data there…Thats why it will be always an art…

[@kimberleethomas3244]

We do have a much bigger correction coming soon as the 50EMA on a Max Quarter chart reaches 9519.69

[@kimberleethomas3244]

Btw the correction data cones from 2005

[@markashley5190]

You can't bring up "dirty volume" without setting up the long awaited David Ryan cage match... cmon guys