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Wall Street

Labor Day holiday trading hours on U.S., Canadian exchanges

WASHINGTON, Sept. 2, 2015 – We’re back briefly this morning to remind you this morning that we have a national holiday—Labor Day—coming up on Monday. Given the violent whipsaw action we’ve seen in market over the past two weeks, we didn’t notice this incoming holiday until just this morning. Given that trading will remain crazy, ...

Yo-yo market: Stocks every which way but up as Fed reports

WASHINGTON, October 29, 2014 – It’s trick-or-treat time on Wall Street today, albeit just a tad early in the week. After opening nicely up nicely in a follow-through to Tuesday’s rally, traders changed their minds this afternoon after the Fed definitively—more or less—finally put a stake through the heart of QE. It’s like the Day ...

Puerto Rico bond bashing plus today’s stock trading inaction

WASHINGTON, July 2, 2014 – As we indicated in our earlier holiday report, light trading and heavy international and political news will make trading treacherous for the rest of this holiday-shortened market week. As for us, we’ll likely remain on the sidelines for the rest of the week unless we have to defend defensive positions ...

Holiday stock trading schedule for short Wall Street week

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 ...

Stocks and bonds: U. S. Holy Week trading schedule

WASHINGTON, April 16, 2014 – The increasing, virtually forced secularization of U.S. culture in recent years has failed to put a dent in Wall Street’s traditional Good Friday holiday. Back in the day when this country’s moral tradition still strongly reflected Christian values, it was generally accepted, even among America’s 19th century robber barons, that ...

Putin purportedly climbs down, stocks set to soar

WASHINGTON, March 4, 2014 − It was gloom and doom on Wall Street yesterday with Russian President Vladimir Putin in full U.S.S.R/KGB mode. Led by headline-driven machine trading, markets plunged as HTFs, algos and permabears predicted the imminent demise of the U.S. and the Western world. But today, Putin seems to have climbed down from ...