Stock Trading Signals: Stock Market Hours Thanksgiving November 28 and November 29, 2013

Tuesday, November 26, 2013

Stock Market Hours Thanksgiving November 28 and November 29, 2013 - Black Friday

Do you want to know U.S. exchanges will be closed November 28 on Thanksgiving Thursday ? Yes, US Stock market will open Wednesday November 27 but closed on Thursday November 28, 2013 and Black Friday 29, 2013 close at 1 pm ET.Do you want to know US Stock market Holidays Calendar? Here are Stock Market Holidays Calendar 2012, 2013 & 2114, includes NYSE, NASDAQ, and NYSE AMEX holiday closings.

Stock Market Hours

Wednesday - 11/27/13 November 27, 2013 - Regular schedule - 4pm close

Thursday - 11/28/13 November 28, 2013 Closed

Friday - 11/29/13 November 29, 2013 - Close at 1 pm ET

For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com

Which one should you heed?

By Elliott Wave International

Volatility, volatility, volatility. It's all the financial world can talk about lately... and, well, for good reason. In the past few months, the world's stock markets have endured some of the most gut-wrenching price swings since the 2007-2009 financial crisis.

But for many investors, it's still not clear what this volatility means for the status of the bull market in U.S. stocks.

The reason why said status remains unclear is in large part because the mainstream pundits haven't exactly been consistent with their punditing. (Note: NOT a real word!)

Take, for example, this summer. Before U.S. stocks fell off the cliff this August, the market was about as volatile as a yoga retreat. The trend was a slow, calm, and steady ascension to a higher self. In fact, the ultimate "fear gauge" known as the CBOE Volatility Index (VIX) had dipped below 12 for the first time since 2014.

Now, according to the usual experts, this extended period of market calm was a bullish sign, as these news items from the time explain:

"Market Volatility Hits 2015 Low... U.S. stock investors haven't had much need for those crash helmets... It's looking like the market could be in for many more months of muted swings." (May 22 CNBC)

"Investors wo paid up for options in anticipation of volatility have lost money in the last three years, so as a result, no one is anxious to do it anymore." (May 13 Wall Street Journal)

"One of the more bullish indicators has been volatility, and it remains that way. Stocks can continue to advance as long as volatility isn't trending upward." (June 23 MarketWatch)

Got it? Low volatility is a bull's best ally.

But wait! Come August, the yoga-retreat-like market went from "Om" to "Oh My!!" via triple-digit daily leaps and losses (oh yeah, and one quadruple-digit intraday drop on August 24).

So, guess what the experts had to say about this new climate of precipitous price swings? Answer: That it's also bullish. See:

"Volatility Is Actually Good For the Stock Market's Returns" (MainStreet August 26)

"Yes, the Markets are Volatile -- That's A Good Thing... Stocks have been too nonvolatile for too long. You don't get up-a-lot markets, big moves fast, without abundant gyrations. You should expect this bull market to raise its tenacious head soon, bucking off all the fear skeptics can hurt at it."

So to summarize: Volatility down means "up" for stocks. And -- "up" is also "up"?

How about a different take altogether?

See, the mainstream experts did a first-rate job of determining that low volatility is bullish -- AFTER years of record calm. And, that high volatility is bullish -- AFTER months of record turbulence.

Elliott wave analysis, on the other hand, anticipated a historic reversal from low to high volatility BEFORE the tide turned. Here, the July 2015 Elliott Wave Financial Forecast warned "Here Comes High Volatility"

One gauge of volatility is the CBOE Volatility Index (VIX), a measure of the premium on one-to-three-month S&P options. In essence, the VIX is a sentiment measure, reflecting investors' current state of emotion, from relative calm to outright panic...

This chart confirms the deep complacency. It shows the open interest in puts relative to calls on the VIX, which indicates the ratio of investors' open option contracts betting on a VIX move. On June 19, the ratio dropped to 0.248, its second lowest level since February 16, 2007 (0.165), when the financials peaked, as just noted.

Monday's sell-off appears to be just the start. When the stock market's decline kicks into high gear, volatility will spike to record levels as will the p/c ratio. The era of low volatility will be replaced by head-spinning stock market moves that will shake global stock markets to their foundation.

The next chart captures the dramatic explosion that followed:

So, has a new era of volatility begun? And what does it mean for the U.S. bull market of the past six years?

Read our free report: Pandemonium in the Stock Market
Updated with new charts and analysis

No longer is extreme volatility contained to Greece or China. The massive waves are here in the States, just as our analysts predicted. Learn what's behind the recent market chaos. Read excerpts and see eye-opening charts from Robert Prechter's Elliott Wave Theorist, The Financial Forecast and our Short Term Update.

Get your free report now >>

This article was syndicated by Elliott Wave International and was originally published under the headline The Two Faces of Stock Market Volatility. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

See examples in a chart of the S&P 500

By Elliott Wave International

Fibonacci is the mathematical basis of the Wave Principle. You will often find that Elliott waves correct in terms of Fibonacci ratios. The following article explains what you can expect when a market begins a corrective phase.

If you are interested in learning more about using Fibonacci in your trading, get your free 14-page eBook, How You Can Use Fibonacci to Improve Your Trading.

Retracements -- Corrective Waves

The chart on the left shows a wave 1 followed by corrective wave 2. It is common for second waves to retrace .618 of wave 1 -- thereby making a deep retracement. Another common retracement for wave 2 is .786. You might even see .5, 50%, but .618 is more common. The chart on the right shows the most common retracement for a wave 4. Fourth waves will commonly retrace a smaller percentage or .382 of wave 3. We might also see something like .236.

Examples

Below you can see an impulsive 5-wave move on the chart of the S&P 500. Wave 2 is an expanded flat. Wave 4 is a zigzag. Let's look at the retracements that waves 2 and 4 make.

Wave 2 made a deep retracement -- close to .618. On the Fibonacci table you can see the .382, .5, .618, and .786 retracements. The .618 retracement comes in at 1087.75 and the S&P low is 1090.19.

Wave 4 made a shallow retracement of wave 3. It went just beyond the .382 retracement at 1169.1, bottoming at 1163.75.

In a nutshell, this is what we mean when we say that Elliott waves often correct in terms of Fibonacci ratios.

How You Can Use Fibonacci to Improve Your Trading

If you'd like to learn more about Fibonacci and how to apply it to your trading strategy, download the entire 14-page free eBook, How You Can Use Fibonacci to Improve Your Trading.

EWI Senior Tutorial Instructor Wayne Gorman explains:

The Golden Spiral, the Golden Ratio, and the Golden Section
How to use Fibonacci Ratios/Multiples in forecasting
How to identify market targets and turning points in the markets you trade
And more!

See how easy it is to use Fibonacci in your trading. Download your free eBook today »

This article was syndicated by Elliott Wave International and was originally published under the headline Learn How to Apply Fibonacci Retracements to Your Trading. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

DISCLAIMER The content on this site is provided as information only and should not be taken as investment advice. This is not investment advice and charts are for entertainment purposes only. Do your own due diligence and consult an invesestment professional. All these charts and comments are for entertainment purposes only and are not only recommendations to buy or sell. The ideas expressed on this site are solely the opinions of the author and all charts are for entertainment purposes only. Any one take investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author. The author may from time to time make statements about certain investment vehicles and strategies, but it is not to be taken as investment advice. Again, it is just the author expressing his own opinion only.Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.Author shall not be deemed responsible in any way for comments that visitors to the blog leave behind.If you have any question send me e-mail: Pannalove14@gmail.com

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Which one should you heed?

By Elliott Wave International

See examples in a chart of the S&P 500

By Elliott Wave International

How You Can Use Fibonacci to Improve Your Trading

Stock Trading Signals

Welcome to Stock Trading Signals

Tuesday, November 26, 2013

Stock Market Hours Thanksgiving November 28 and November 29, 2013 - Black Friday

Live Bloomberg TV

Paid Subscription

*Join Stock Picks*

Check this out !!!

***Resources***

CandleGlance Groups

Popular Posts

Blog Archive

Always remember....

About Me

Followers

My Blog List

Which one should you heed?

By Elliott Wave International

See examples in a chart of the S&P 500

By Elliott Wave International

How You Can Use Fibonacci to Improve Your Trading

Join Stock Picks

Resources