Markets will close the 9th of January.

Discussion in 'Trading' started by Drawdown Addict, Jan 1, 2025.

  1. VOLdemort

    VOLdemort

    #41     Jan 5, 2025
  2. It is a bit confusing. My guess is that they want to halt trading on the 9th and they have to decide at what time they want to do that. They chose 8:30 CT.
     
    #42     Jan 5, 2025
  3. VOLdemort

    VOLdemort

    So they are going to mark settlement to pre-market close. Like a SOQ/SOT figure.
     
    #43     Jan 5, 2025
  4. That is what it looks like.
     
    #44     Jan 5, 2025
  5. manonfire

    manonfire

    The day before Bush’s national day of mourning saw the averages down about 3%. I recall trading that day. Huge whipsaws daily with China trade talks. With volatility already up be prepared for fun times in January.

    MLK day in 2008 was a fun one as well, traded through that liquidation when futures markets were open and world markets were falling 5%+

    It seems like things are lining up similar to February 2018 when we had the volitility explosion on the 5th, traded that one too. Should have some great trading coming up this year.
     
    #45     Jan 5, 2025
  6. newwurldmn

    newwurldmn

    mlk 2008 was a unique event. Even the fed got it wrong. They didn’t know it was soc gen.
     
    #46     Jan 6, 2025
    Drawdown Addict likes this.
  7. ok, I am keeping my chips in. Hopefully it won't tank
     
    #47     Jan 6, 2025