Performance of Markets on Black Friday and Cyber Monday
November 25, 2012 6:33 pm
It is interesting to note that the holiday shortened trading day after Thanksgiving has a positive bias. Some of this is surely due to the low volume as many traders are taking off for an extended weekend.
I thought that the negative bias for the following Monday was also something to consider. Perhaps some of the hope of a great retail conquest over the weekend is sometimes reigned in as traders get back to work.
If the visual trend from scanning the table, it would appear that the potential for a red Monday probable. We will see….