Columbus Day – US Banking Holiday For October 12th 2015
On the 10 days per year when we have a banking holiday in the US I recommend taking the day off trading. As tomorrow is Columbus day I would recommend doing the same. Like any other banking holiday I will be taking the day off. That doesn’t mean you won’t see a completely normal market but it does have a much higher probability of acting differently which is why I think they are better to avoid.
For those of you who are members make sure to check out the members area as I still did a video preview. I spent a little extra time covering the USD/JPY to US Equity correlation and what to expect this coming week. See everyone tomorrow!