Stock Market Analysis

Monday, November 23, 2009

Thanksgiving Week!

Welcome to Thanksgiving week!

Yes, its going to be a holiday shortened week this week with Thanksgiving on Thursday and a half day market on Friday (see Stock Market Calendar). Trading volume is expected to be light this week as investors and traders go on their seasonal holiday. Expect to see some profit taking ahead of Thanksgiving as traders traditionally take some profit to finance their holidays. Santa Claus rally? Doesn't exist anymore.

For now, the Dow remains in an all out bull trend.

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