Tag Archives: stock markets

Stock Markets Closing Early On ‘Black Friday’ Is A Ill-Conceived, Meaningless Gesture Which Is Neither ‘Here-Nor-There’.

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by Anura Guruge
on November 26, 2021

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Click to ENLARGE & read here. From ‘Google News‘.

Yes, of course, I understand the gesture, the goal. It is to give the folks on ‘Wall Street’ a long-weekend to coincide with Thanksgiving. I get that.

But, making them come in for 1/2 a day, when Thursday was a full holiday makes it silly.

So, they get Thursday off, but have to come in on Friday till 1pm (or 2pm).

Yes, I assume that those that can, just take the Friday off. That then does give them a full 4-day break.

I like to trade daily. I missed out today because I had stuff to do this morning. But, I don’t have a problem if the markets are closed, ALL DAY, on Black Friday. We can survive. In a way, it is good. A break from trading. A time to take stock, quite literally, reflect & think of where you want to go next.

This 1pm close bugs me every Black Friday. Things that don’t make sense rankle I.

That is all. I just wanted to go on record. SMILE. I am now done (till next year).

That The U.S. Stock Markets Are Open On ‘Veterans Day’ Always Puzzles & Distresses Me.

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by Anura Guruge
on November 11, 2021

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Never makes sense. It is a U.S. Federal Holiday. As such there is NO U.S. postal delivery (though I have a sneaking suspicion that they might NOW be making an exception for ‘special’ priority mail). Most of the BIG banks, such as ‘Bank of America‘ are closed. The U.S. Bond Markets are closed. But, not the U.S. stock markets.

That is not right. Yes, I like having the markets open, & as soon as I post this I will be checking to see what is happening & whether I could/should do some trades. [I can’t help it. I am addicted to stock/option trading. Though definitely NOT a day trader, & never have been, I like to do some trading everyday.]

It is something to think about. Maybe down the road it would change. Let’s hope so.

Don’t forget that I have a dedicated ‘Red Poppy‘ page on my old blog.

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