Is it worth trading the week of Christmas & New Years?

cornholio · Dec 23, 2013

Quote from cmb:

FB TWTR and AAPL gave juicy setups today. I thought about sleeping in as well, then I saw apple gapped up big today so I logged in to see if it gave a set up. as Bieber says....never say never

Cool. We'll see how tomorrow is. Market closes at 1 Eastern.

nillionaire · Dec 23, 2013

Quote from FXforex:

Pick some stocks and see how they did last year. Keep in mind that past performance is not indicative of future results.

http://finance.yahoo.com/q/hp?s=SPY&a=11&b=20&c=2012&d=00&e=05&f=2013&g=d

Last year was totally different since there was the fiscal cliff showdown.

kid.fx.cross · Dec 24, 2013

Quote from xelite777:

You are talking about retails traders, I was talking about corporations and high net worth individuals who trade directly on the Interbank.

If the CEO of BMW in Munich wants to buy 50 million US dollars right now, do you think he will have to wait until Christmas is over to do so, or wait for some forex broker to open his shop because of some holidays?

dang those BMW CEOs, they are trading 50 million on Christmas day, and there is no way I can trade it because I am just a retail trader and my broker has Holiday hours.

50 million? Can you even imagine? That's more than trades in 1 second on a normal day.

And they got up on Christmas morning and made the president of the bank miss Christmas morning with presents under the tree with his kids and grandkids just so they could buy 50 million US Dollars.

That CEO at BMW is a real Grinch.

kid.fx.cross · Dec 24, 2013

5 points on ES on Christmas Eve. Do they still pay you the going rate? Or do you have to give up some of those profits because it is a "Holiday"?

Visaria · Dec 24, 2013

Quote from Visaria:

With regard to the stock market, Japan was on holiday today (Emperor's b'day). Japan is closed on Xmas day and also 4 out of 5 days of the first week of 2014.

Apologies, Japan is open on Xmas day.

FXforex · Dec 24, 2013

Quote from cornholio:

Hi. Is it worth trading the week of Christmas & New Years? Is the market dead or can it still be traded?

TSLA up 6%

cornholio · Dec 24, 2013

SPY Volume 35M, average 114M

FXforex · Dec 24, 2013

Quote from cornholio:
SPY Volume 35M, average 114M

Low volume is irrelevant. Low volume is to be expected on a shortened trading day during a holiday season and does not effect trading opportunities.

ksonsinc · Dec 24, 2013

its worth shorting the vix , tvix

Clubber Lang · Dec 24, 2013

Quote from FXforex:

Low volume is irrelevant. Low volume is to be expected on a shortened trading day during a holiday season and does not effect trading opportunities.

Yeah, if you're trading a few hundred shares here and there. Otherwise it's basically a free lunch for predatory algo's to whipsaw you all over.