• Trading 101: Happy Holidays

    by  • December 24, 2013 8:27 am • Trading 101 with Peter Bryans

    Although we are hard at work here at Schaeffer’s on Christmas Eve, it’s certainly a good time to step back, and remove yourself from trading for the next few days. In all likelihood, you won’t be missing much today (market closes at 1 PM Eastern Time today). Trust me when I say that it is going to be a slow day.

    The market continues to make new highs (S&P 500 daily chart featured below), and it will be interesting (to say the least) to see how we finish the year. Are we already in the midst of the “Santa Claus rally“?

    (courtesy of StockCharts.com)

    Take a step back from your monitors and enjoy the time off.

    Happy Holidays and good luck trading out there.

    About

    Peter Bryans joined the Schaeffer's Investment Research trading team as a Trader in April, 2012. A graduate of the Fisher College of Business at The Ohio State University -- where he concentrated in Finance -- Peter previously held internships with an insurance broker and a wealth-management firm. In his current role, Peter trades a variety of our real-time option services and also hosts our "Options Apprentice" weekly webinar presentations.

    http://www.schaeffersresearch.com