After following a similar path for much of the last 20 years, the U.S. stock market has recently dominated global stock markets moving to a unique zip code among world markets. The stock market is always looking out at least six to nine months into the future, which means any evaluation of future earnings growth should also look out to this time horizon and beyond. Although the day after Thanksgiving (Friday) is not an official holiday, the market has a tradition of closing at 1:00 p.m. ET. Blessed today because this is going to help a lot of people through a rough time of year.
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. 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.
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.
The Bible history taught by covenant theology is truly His story, so that we might find the fullness of God’s grace in Jesus Christ alone. The U.S. bond market is less centralized than the stock market – bond market holiday closures are not enforced, rather, recommended by the Securities Industry and Financial Markets Association (SIFMA). The stock and bond markets are also closed on MLK day and Washington’s birthday (also known as President’s Day). The bond market closes early the day before Good Friday, but the stock market is open. The bond market closes early on the Friday before Memorial Day, but the stock market is open.
The bond market is open the day before the 4th of July, but the stock market closes early. The stock and bond markets are closed on Thanksgiving and close early the day after Thanksgiving. No, the U.S. stock market is open on Easter Monday, though several European stock exchanges are closed. No, under normal circumstances, the U.S. stock market is open on Boxing Day (the day after Christmas), though the London, Toronto and Australian stock exchanges are closed. Among the studies that this project has produced was a major study of investor thinking on the day of the stock market crash of 1987.