Thanksgiving Day Trading Risks $XRT, $DJX, $SPY, $VIX, $VXX

Thanksgiving Day creates its own set of trading risks. Today Wednesday before is one of the biggest travel days. All forms of transportation are stressed and many people away from the desk. If you are at the desk to many people away from the desk to make substantive decisions.

Therefore do you trust the trading volume. Even with the plethora of mobile devices many will not be in a position to trade. The price action and volume you are looking at does not fit the norm of two standard deviations.

This will also be true on Friday with limited market participation.

George Gutowski writes from a caveat emptor perspective.



Retail Season Crash & Burn Excuses Have Started $XRT, $RTH, $M, $JCP, $COST, $SHLD, $DDS, $BBY

Retail is starting to bleed out the crash and burn reasons for this year. The latest claim is that the intervening time between Thanksgiving Day and Christmas is six days shorter there will be a negative impact.

That may be true. But Christmas comes at the same time every year. Most people have the same gift giving obligations every year. Most people have not yet learnt to curb their propensity to overspend.

What will affect retail spending is the health of the consumer and what’s left on their plastic. Retailers will continue to win and lose depending on how compelling their offerings have been. The big and many small decisions have already been made. Product is moving to store shelves as you read this. We are just waiting for the scores.

George Gutowski writes from a Caveat Emptor Perspective.