Online Stock Trading | Happy Thanksgiving!

Happy Thanksgiving!


Filed Under Market Psychology |

The stock market delivers gains prior to Thanksgiving on light trade.

Stocks were able to sustain gains throughout the day as the market was able to close on its highs.  Volume was lower on the day as many on Wall Street simply stayed away.  Wednesday’s gains should carry through to Friday as the quasi trading day will be a lighter volume day.  No one will be in the office to be putting any cash to work.  I wouldn’t take much away from Friday’s action, but the rise on lower volume this week has been a tell that its not real buying (accumulation).  We’ll right this ship, it will take a long time but we’ll get there.

Happy Thanksgiving!

MS

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Comments

2 Responses to “Happy Thanksgiving!”

  1. Happy Thanksgiving! : Monster Stock Trader on November 27th, 2008 3:00 pm

    […] Happy Thanksgiving! Share and Enjoy: […]

  2. Rwilson on December 2nd, 2008 6:45 am

    Happy Thanksgiving!!!

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