Stock Market is Closed

The New York Stock Exchange (NYSE) is open Monday through Friday, 9:30 a.m. to 4:00 p.m. EST. It closes for official U.S. holidays or if there is some sort of a major disturbance. The majority of U.S. exchanges follow the NYSE’s schedule, however.

For more information on when the stock market is closed please review the below dates for 2016. You should also note when the stock market is closed early and not for the entire day.

Stock Trading Holidays: 2016

  • New Year’s Day – January 1
  • Martin Luther King, Jr. Day – January 18
  • Washington’s Birthday – February 15
  • Good Friday – March 25
  • Memorial Day – May 30
  • Independence Day – July 4
  • Labor Day – September 5
  • Thanksgiving Day – November 24 *Please note: Stock market is closed early at 1:00 PM ET on Friday, November 25, 2016. 
  • Christmas Day- December 25 (Observed December 26) *Please Note: Stock market is closed early at 1:00 PM ET on Thursday, December 26, 2016. 

In addition to U.S. official holidays, the NYSE does shut down under a variety of conditions, including national emergencies and/or inclement weather. Some examples of this include power outages, hurricanes, and computer failures, which have caused the NYSE to close without warning.

When the stock market is not closed you can read our blog here at Candlestick Forum. Here you will see the Market Direction on any given day to assist you in your stock trading decisions. Just be sure to mark the holidays listed above for 2016 so that you are prepared for when the stock market is closed.

Interested in additional training at no cost to you? In addition to training utilizing Candlestick Analysis, Stephen Bigalow offers weekly free education to all subscribers as well as additional education for paid members. We realize that there are a variety of trading tactics that can be a helpful part of your trading arsenal, so Stephen invites highly respected members of the trading community to provide additional training to his list of loyal subscribers. Please view The Candlestick Forum Events Calendar to see what is available in the weeks to come.

A little about Stephen….

Stephen W. Bigalow possesses over twenty-five years of investment experience, including eight years as a stockbroker with major Wall Street firms: Kidder Peabody & Company, Cowen & Company and Oppenheimer & Company. This was followed by fifteen years of commodity trading, overlapped with twelve years of real estate investing. He holds a business and economics degree from Cornell University, and has lectured at Cornell and at many private educational investment functions over the past twenty years.

Mr. Bigalow has advised professional traders, money managers, mutual funds and hedge funds, and is recognized by many in the trading community as the “professional’s professional.” He is an affiliate of the “Market Technicians Association”. (mta.org – A non-profit association of professional technical analysts) and a member of AAPTA, the American Association of Professional Technical Analysts. (aapta.us)

We hope that this information was helpful to you and hope that you will visit us periodically for assistance in trading the markets.

Happy investing!
Stephen Bigalow and The Candlestick Forum Team

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Stock Market Education

Stephen Bigalow of the Candlestick Trading Forum invites you to expand your stock market education and join our Stock Market Trading Chat Sessions on Monday and Thursday evenings at 8 PM ET.

The Monday night Stock Chat is for “Members Only”. Steve provides an in-depth analysis of the market week ahead and reviews specific recommendations. Members are able to ask Steve specific advice about their own personal portfolios.

The Thursday night Stock Chat is open to everyone.

Stephen Bigalow and a variety of Guest Speakers bring you the latest in trading software and share their personal strategies and investing techniques.

Free and paid sessions provide valuable trading tools to further your stock market education and help you to build an effective trading style.

Powerful workshops and mini-webinars have something for every level of investor interested in Stocks, Options, FOREX, Futures, or E-minis.

View Event Calendar Here

All sessions include interactive Q & A to Ask the Experts your specific trading questions.

At the very least, you’ll gain enough knowledge to hold your own during company sessions when making 401K investment selections or conversing with your personal investor.

Thursday sessions are recorded and available for playback and if you stick around long enough at times our generous experts provide some sort of freebie or discounted offer to show their appreciation to Stephen Bigalow and followers.

Coming up in July include a list of guest presentations that you don’t want to miss. Presentations with trusted financial advisers including…

  • Tim Plaehn with SeekingAlpha
  • Ray Burchett for Emini Analysis
  • Metastock
  • Mark Dannenberg of Options Money Maker
  • Vince Vora with Trading Wins

That is just July! Each and every month Stephen brings those educators back by popular demand, depending upon what is occurring in the markets as well as newer traders who are making their mark in their specialty. Sign up and reserve your seat for each webinar so that continue to expand your stock market education.

You can view the event calendar here, you can follow us on Facebook as well, or twitter for notification of weekly events. Be sure to follow us on twitter for daily market updates that are posted daily on his blog. If you prefer facebook you can also  access the same information there.

Take a look at the event calendar and be sure to sign up for free webinars today!

Happy investing.

Stephen W. Bigalow possesses over twenty-five years of investment experience, including eight years as a stockbroker with major Wall Street firms: Kidder Peabody & Company, Cowen & Company and Oppenheimer & Company. This was followed by fifteen years of commodity trading, overlapped with twelve years of real estate investing. He holds a business and economics degree from Cornell University, and has lectured at Cornell and at many private educational investment functions over the past twenty years.  Stephen has developed and refined techniques using the Japanese Candlesticks to consistently pull profits from any kind of market. Bull or bear, stocks, commodities, or tulip bulbs, it doesn’t matter. All you need to know is how to recognize the easily-seen signals the Japanese Candlesticks create. Follow him and get ready to find out more about that 300 year old secret of Japanese Candlesticks and candlestick trading to get a head start!

 

 

 

 

 

 

 

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5 Experts Training Event – Recordings and Offers If You Missed!

We hope you were able to grab a “virtual” seat at the incredible event over the weekend.

If not, we have you covered! The recording of the full 5-hour training session is available online for the next few days. To view the full video you click on the link and once on the video page you will click on the far top right-hand side of the video“download” and save to your files. (if you don’t download you will only see the first 15 mins.)

(Prefer .Mov format? Click Here)

Here’s a recap of the speakers and links to their generous discount specials for Candlestick Forum subscribers. 

Stephen W. Bigalow – “Early Warning Signals for Reversal Alerts”

Exiting positions at the right time can make a huge difference in profits. Stephen Bigalow shares easy-to-recognize charting signals that identify when it’s time to take profits! If you’ve ever built up money in your trades, only to watch them slip away, then you know the importance of spotting trend reversals. View Recording Here!

Steve covers detailed technical analysis tools utilizing candlestick signals. Learning just a few major signals allows for bigger profits while preserving capital.

In this presentation you will discover:

  • How to identify pullbacks versus reversals
  • How to easily spot support and resistance price targets
  • How to identify fast-moving stocks
  • How to run with the trend

In less than one hour, anyone can begin using some of the 12 major signals used to trade any market condition.

*Stephen Bigalow offered his 5-Star Trading Plan at the end of his presentation! You can still get it…

Steve’s 5-Star Trading Plan shows you the exact steps that you can take RIGHT NOW to eliminate ALL emotion from your trade routine and turn yourself into a highly profitable and more consistent trader.

Click here to see Steve’s offer.

Mark Sebastian – “Using Volatility to Trade Direction”

Many traders attempt to use options to trade for direction only to learn that making money using options is not as easy as buying an option and being right on the move. Volatility can be like the wind at a traders back, or a head wind to the success of the trade. Learn to master it, and one can learn to use options as effective directional weapons. View Recording Here!

On Mark’s exciting one-hour webinar, you will discover:

  • Understanding of volatility and how can affect a directional trade
  • When to buy and option vs when to sell an option and why the decision can make such a difference in a trade
  • How to pick the right strike for a trade
  • A directional strategy Mark uses himself to select trades

This could be the best trading webinar you see all year!

*Mark Sebastian offered his OptionPit Daily Strategy Newsletter at the end of his presentation! You can still get it….

Join an active community working together to increase their trading knowledge and sharing actionable ideas. Perfect for new and experienced traders, banding together to share and improve their trading success.

Click here to see Mark’s offer.

Hubert Senters – “My Secret Weapon for Finding Better Trades”

One of the most important parts of trading is being able to identify the trend as quickly as possible. Identifying the trend, and being able to see possible changes before they happen. View Recording Here!

  • How to know the prevailing trend instantly, on any chart
  • Identify a trend change without second guessing yourself
  • Know when it’s time to sell and avoid further falls in price

*Hubert Senters offered his Ichimoku 101 : Cloud Charting Secrets Course at the end of his presentation! You can still get it…

Hubert will explain the indicator in full detail, teach you what each line means in terms of your charting and trading, and also 7 setups for using Ichimoku in your daily trading.

Click here to see Hubert’s offer.

Dave Aquino – “Finding Big Morning Profits”

Learn How many of the world’s top traders, including a “$200 million fund manager,” are using price and volume to make super-accurate (and very profitable) trading decisions. View Recording Here!

In this webinar, not only will Dave share these same strategies with you, you will also discover:

  • Why VOLUME is the secret most traders will never know, and how to use it to generate consistent profits trading stocks, bonds, options, commodities, or Forex!
  • The single most important criteria that should be in place before you enter any trade.
  • A simple technique that will help you avoid taking a trade that immediately goes against you.
  • How to identify and trade price accumulation as well as price distribution.

*Dave Aquino offereda more comprehensive version of his presentation titled: Workshop: Finding Big Morning Profits Replay at the end of his presentation! You can still get it…

Click here to see Dave’s offer.

Andrew Keene – “How to Swing Trade The Names: AAPL, AMZN, FB, GOOGL, NFLX, TSLA, and TWTR”

This workshop will focus on KOTM’s strategies for swing trading some of the stocks most actively traded by both institutions and individuals. View Recording Here!

The live workshop covers the following and more:

  • Learn strategies to use to profit from day and swing trading some of the most active names in the US equities market
  • Learn how you can remove the emotion from trading and use methodical setups every time
  • Discover the best day and swing trading setups for each of these stocks
  • Understand how to use both stock and option strategies to take advantage of these setups

*Andrew Keene offered his “Swing Trade the Names” Workshop at the end of his presentation! You can still get it…

This workshop will focus on KOTM’s strategies for swing trading some of the stocks most actively traded by both institutions and individuals.

Click here to see Andrew’s offer.

That’s 5 Hours of Complimentary Training from 5 Industry Experts! You can view them in .Mov format as well at this link.

Be sure to view more events coming up hosted by Stephen Bigalow.

 

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December 8 Daily Market Comments

Monday’s indecisive trading confirms the markets indecisive nature, a redundant redundancy. These market conditions make the T-line and important factor. Stay predominantly long but have a few short positions in the portfolio. The 18,000 level in the Dow needs to be watched. It should be where everybody is watching to see if it will break through or start profit-taking. Watch the charts.

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Stock Market for Dummies?

Stock Market for Dummies? I think not…

Most investors become proficient at investing after some painful experiences. When should we learn how to invest? Well, while we learn everything else when we are young probably. It should be part of our education. Most investors realize this when they discover that the investment professionals have no better clear understanding of how to invest than they do. If the markets go up, they help you make money. If the markets go down, they help you lose money. Are they actually better at anticipating the stock market? Who wrote the all too popular book stock market for dummies? Or is it stock investing for dummies? I don’t remember…but I do know this…

If you have taken the steps to educate yourself in stock market trading, you will find that the candlestick signal investment method is based upon common sense investment procedures. Most investors spend years accumulating assets only to find themselves without the knowledge of how to make those assets grow.

Through the use of technical analysis tools like candlestick chart formations the trader is able to anticipate market trends, market reversal, and successfully trade market volatility.

doji greenThrough the use of candlestick patterns such as the doji candlestick (see image), traders are able to identify changes in market sentiment (such as the market indecision that the doji indicates.)

Additionally, if you combine candlestick signals with the fundamentals of stock analysis such as margin of safety, intrinsic stock value, and price to earnings ratio you will begin to see a new way of investing that just makes sense.

Combine your basic candlestick analysis education with the tools available to members of my forum and you will have a nice foundation in which to see your assets finally grow. Yes, of course beginning with a stock market for dummies book of some sort will get you the started, but if you are reading this you are probably already ahead of the game.

Learn more about the member benefits included in my Candlestick Forum Membership package.

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Stock Market Holidays 2015

Stock Market Holidays 2015

Stock trading in the USA takes place throughout the year, Monday through Friday, except for stock market holidays. The New York Stock Exchange (NYSE), NYSE Amex, NYSE Amex Options, NYSE Arca, NYSE Arca Options, NYSE Bonds, NYSE Liffe U.S., and NASDAQ are open during regular hours, Monday through Friday, from 9:30 a.m. to 4 p.m. Eastern Time. It is important to know when stock market holidays occur because it can also be profitable. Trading volume will often dip in advance of stock market holidays as traders leave town for extended weekends. After stock market holidays, trading may pick up substantially as the market reacts to the collective stock market news that occurs when everyone was out of town.

Trading bad news gaps can be profitable when bad news occurs over stock market holidays. A breakout gap can also occur as trading resumes after stock market holidays. The market will open either substantially lower or substantially higher than its pre-holiday close in these two situations. Traders that follow gaps use Candlestick stock analysis to predict evolving market sentiment and profit with candlestick trading tactics. The market inefficiency that comes with gap trading can be very profitable for those who objectively follow market reversal as well as new trends. Using Candlestick patterns as a guide, traders can avoid the pitfalls of trading psychology. The twin demons of fear and greed are powerful adversaries. Using the clear and easy to read signals of candlestick analysis can give the trader a profitable view of the market.

Stock market holidays each year occur on the following days and are as follows for the year 2015:

New Year’s Day
January 1st

Martin Luther King’s Birthday
January 19th

Washington’s Birthday
February 16th

Good Friday
April 3rd

Memorial Day
May 25th

Independence Day
July 4th (observed July 3rd)

Labor Day
September 7th

Thanksgiving Day
*November 26th

Christmas Day
**December 25th

*Each market will close early at 1:00 p.m. on Friday, November 27, 2015 (the day after Thanksgiving). Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on these dates.

** Each market will close early at 1:00 p.m. on Wednesday, December 24, 2014 and Thursday, December 24, 2015. Crossing Session orders will be accepted beginning at 1:00 p.m. for continuous executions until 1:30 p.m. on this date.

Don’t forget that there are still two remaining stock market holidays for 2014 including Thanksgiving on November 27th and Christmas Day on December 25th.

Those trading in foreign markets will need to be aware of holidays such as Boxing Day throughout the British Commonwealth and the Queen’s Diamond Jubilee. Stock market holidays will vary from country to country but the principles of trading around the stock market holidays will always be the same.

Happy Investing.

Click here to learn how you can Profit ‘Big-Time’ From Trading With Candlesticks

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October 2 Daily Market Comments

The analysis remains the same, the down trend remains in progress until there is a strong candlestick reversal signal. The 200 day moving average still remains a very viable target for the Dow. This implies there will be a few more days to the downside. Obviously the short positions are working well, as seen in the bearish slow curve in CREE this morning.

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June 2 Daily Market Comments

The markets appear to be in a resting phase. Although there is some weakness and Friday and Monday’s trading so far, there are not any signs of investor sentiment changes. The NASDAQ pullback but used the T-line as support. The other indexes appear to be consolidating. The Dow is currently showing some waffling at the recent highs but not showing any decisive selling. Continue to stay predominantly long.

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Foreign Investment

As the US economy struggled to free itself from the grips of the worst recession in nearly 80 years foreign investment began to look very attractive. Buying stocks in foreign companies is an effective means of investing. It can be profitable and it does not require directly doing business in foreign lands and in foreign languages. Two basic means of investing in stock as a means of foreign investment are to purchase foreign stock or to purchase stock of US companies doing business overseas. Both can be done by investing in the US stock market . Many US multinationals offer foreign investment opportunity albeit by proxy. Investing in American Depository Receipts of foreign companies listed on the New York Stock Exchange allows stock holders to participate in foreign investment and not need to speak German, Japanese, Chinese, or any other foreign language. Investing in and trading stocks listed in the NYSE or NASDAQ commonly provides one with more and better information for fundamental analysis than if one tries to invest directly offshore. Trading electronically in US stock markets also allows traders and investors to use stock technical analysis tools such as Candlestick analysis in order to profitably anticipate stock price changes.

Why foreign investment? Long term investment in growth stocks can be very profitable. It may well be easier for an average stock to be a growth stock if its business is in a growing economy.  By investing in stocks listed on US markets investors do not have to deal with unclear information, foreign language reports, or market manipulation that the SEC typically discourages in US markets. The same Candlestick stock charts that work well for trading or investing in a home grown US stock will work just as well for trading ADR’s of European stocks such a Roche, Nestle, or Siemens, the Indian conglomerate, Tata, or Petrobas, the Brazilian oil and gas giant. These stocks are amenable to day trading or long term investing . Their fundamentals are available as the SEC requires Level II and especially level III ADR’s to adhere to reporting requirements similar to those required for US stocks listed on the NASDAQ and NYSE .

Buying and selling stock in US companies that do business overseas gives investors a wide exposure to foreign investment. Companies like 3M, Cisco, Microsoft, and Proctor & Gamble do business across the face of the globe. Investors and traders can follow stock fundamentals of these companies looking for intrinsic stock value and a margin of safety . They can also follow technical aspects of these companies’ stock prices in order to profit by buying at the bottom of a price curve or selling before a market correction. Considering how volatile the markets have been recently there is a lot of potential for profit in foreign investment by those using Candlestick charts to guide the way.

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Basic Stock Trading

Basic stock trading is a recipe for success, even in today’s complicated stock market . Basic stock trading requires both fundamental and stock technical analysis. Technical analysis of stocks using Candlestick stock charts provides traders with clear and accurate signals. Candlestick analysis allows traders to identify known stock price patterns to a volatile market. By doing so traders are able to profitably anticipate the upward and downward movement of stock prices , options prices, and futures prices on stocks . Fundamental analysis provides traders with a clear view of a stock’s potential, both upward and downward. However, the market discounts stock fundamentals as soon as they are known, leaving technical analysis as the tool of choice for basic stock trading.

Traders can use the tools of basic stock trading like both technical and fundamental analysis in trading derivatives, for example. Besides analyzing when to buy or sell stocks with Candlestick patterns, stock trading relies upon tactics for management of investment risk , diversifying a stock portfolio whether for short or long term trades, as well as the use of stop loss orders and limit orders in general.

Traders limit risk in basic stock trading by limiting the amount put a risk in each stock trade. Traders limit the risk of trading by diversifying their trades over several stocks or stocks in several market sectors. This trading strategy is similar to diversifying a stock portfolio in long term investing . In doing so a trader may miss out on having all of his money in the trade of the year and may also avoid losing all of his trading and investment capital in in one bad day of trading. However, the best way to limit risk in stock trading is to have a clear picture of what stocks are likely to do next. Traders using Candlestick pattern formations as their guide can have a clear view of market trends and when a market reversal is likely to occur.

Basic stock trading online includes the use of trailing stops through a broker and includes the use of limit orders. When a trader uses a well-defined and well executed trading strategy he avoids falling prey to greed and fear in his trading. By setting limits at which he will buy stock or sell stock he limits his risk. By using trailing stops in online trading he protects himself from a rapid stock price turn around. When a stock opens the trading day it may gap up or down from its closing price on the previous day. In this case limit orders may be useless as the stock price may start the day past the limit given by the trader. This is a good reason for day traders looking to profit from short term market moves to close out positions at the end of the day. The use of stock technical analysis tools like Candlestick signals allows traders to enter and exit the potentially most lucrative trades as fundamental to stock trading.

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Trading in the Stock Market, Trading Options, Trading Futures, and Options on Futures, involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results. CandlestickForum.com, Candlestick-Trading-Forum.com, StephenBigalow.com, and Candlestick Forum LLC do not recommend or endorse any specific trading system or method. We recommend that you research all trading systems, methods and market strategies thoroughly. Full Disclaimer here