WASHINGTON, July 2, 2014 – Volatile but low-volume trading action is continuing this week making trading stances dance on a slippery slope. The government will report numbers early this week due to Friday’s 4th of July holiday, so today and Thursday could involve frantic trading action up or down, likely driven by the HFTs’ array of Hal 9000s.
Independence Day Holiday Trading Schedule:
Thursday, July 3, 2014: Pre-market session takes place as normal. Bond and option trading will close early, however, at 1 p.m. EDT. After hours trading will thus take place between 1:05 p.m.-5 p.m. that afternoon.
Friday, July 4, 2014: U.S. markets closed for all trading.
CANADIAN EXCHANGES: Canadian exchanges are closed Today, July 2, for Canada Day, but reopen today, Thursday July 3 and also remain open on July 4 for the usual trading hours. For trading in Canadian-listed issues, it’s best to check your broker’s rules for the remainder of the week.
Puerto Rico and today’s Market Maven trading inaction
Stocks steady as she goes as Puerto Rico problems, economic news dominate light per-holiday trading.