This week the U.S. will celebrate its Thanksgiving holiday on Thursday. This holiday always falls on a Thursday and for that day the markets will be closed. Friday the markets will open for a half day of trade, closing at 13:00. The half day is just to satisfy the rule that the markets cannot be closed for more than 3 calendar days.
Typically the week starts with many traders positioning for the week and then by Tuesday the markets begin to slow down. Since the holiday falls on a Thursday, many just take the "four day weekend" but some choose to leave earlier in the week. This becomes apparent by the slow movement that historically starts Tuesday. So if you plan to skip the Thanksgiving turkey and focus on trading where should you look?
For the short term and day traders the focus tends to be on the major indices and their ETF counterparts. Symbols like
Another area of the market that could provide some Thanksgiving excitement is the financial sector. Specifically the big financial stocks like JP Morgan
Lastly, just keep in mind that this is historically a low volume week and trading should be muted. All will return to normal next week and continue until we reach the Christmas and New Years holidays at the end of the year.