Citigroup Surges 1.11% on $1.46 Billion in Volume Climbs to 55th in Liquidity Rankings
, marking one of the day's stronger performers among U.S. equities. , . The move came amid a broader market backdrop where large-cap financials maintained relative strength in the final week of the third quarter.
Analysts noted that the stock's performance aligned with recent sectoral rotation patterns, as investors rotated into cyclical names ahead of earnings season. While no material corporate updates were disclosed on Tuesday, technical flow indicators showed sustained pressure in the afternoon trading session. Market participants remain focused on upcoming Q3 earnings reports, with Citigroup's management expected to address capital allocation strategies and loan growth momentum in its September 23 presentation.
To build a robust back-test for "buy the top-500 stocks by daily trading volume and hold for one day (2022-present)" I first need to pin down a few practical details: Market - Which exchange(s) should we rank? (e.g., U.S. listed common stocks only, all NYSE + NASDAQ + AMEX, a specific country/region, etcETC--.) Entry & exit timing - Do we buy at the same-day close and sell at the next-day close? Or buy at next-day open and sell at next-day close? Weighting & sizing - Equal-weight each of the 500 names every day, or volume-weighted / cap-weighted? Any maximum position size or turnover constraint? Trading frictions - Should we include an estimate of commissions/slippage? If so, what rate? Benchmark & performance metrics - Any particular benchmark to compare against (e.g., SPY)? Besides cumulative return, do you want drawdown, Sharpe, etc.? Once these points are clear, I can automatically gather the daily volume rankings, generate the buy/sell signals, and run the strategy back-test for you.

Hunt down the stocks with explosive trading volume.
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