Browse >
Home /
Markets / Performance of Markets on Black Friday and Cyber Monday
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….
Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or security or of your investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Horowitz & Company clients may hold positions (long or short) in investments discussed.
Please click for detailed disclosures and additional information about our stock ratings and scoring.
Written by Andrew Horowitz · Category(s) Markets | Tags: Markets