With all the holidays, keeping track of the stock market hours is hard. Is the stock market open on Veterans’ Day? Even though Veterans Day is a federal holiday, the stock market is open, with many celebrating the three-day weekend. Except for the bond market, the NYSE and Nasdaq will open for business on November 11.
Is the Stock Market Open on Veteran’s Day?
The stock market observes holidays throughout the year. Therefore, is the stock market open on Veterans’ Day? Veteran’s Day is November 11 every year. So as long as November 11 falls on a Monday through Friday, the stock market will be open to trade.
There have been many days when I’ve grabbed my coffee and fired up my laptop only to wonder why nothing was moving. I didn’t realize the stock market was closed; my bad.
If you’re looking to trade stocks, you need a handle on a few things. For starters, the hours of operation and holidays.
Did you also know that some times of day are better to trade than others? Also, some days and months are better, depending on your trading type.
It doesn’t sound very easy, but it doesn’t have to be. Here’s what you need to know about when the stock market opens.
Is the stock market open on Veterans’ Day? Luckily for you, it is. As a result, you won’t sign on to your broker account and wonder if there’s a stock market crash because the charts aren’t moving.
NYSE Website
Special Day to Remember
Veterans Day is a special event to honor the military men and women who have served in the U.S. military.
Originally called Armistice Day, it was celebrated on November 11, when the Armistice that ended World War I was signed.
Is the stock market open on Veterans’ Day? It is so you can trade stock market indexes to your heart’s content on this holiday.
Because Veterans Day 2020 is on Sunday, November 11, the holiday is observed the next day, Monday, November 12. But the stock market is open. You won’t be able to go to the bank, but you can trade.
Major US Exchanges
Two of the world’s largest exchanges – the New York Stock Exchange (NYSE) and the NASDAQ- are in the United States. Combined, they are both worth a staggering $21 trillion.
With over 2,400 companies listed, you can find the NYSE on Wall Street. Likewise, the Nasdaq, with 3,800 companies, is in Times Square.
However, if you want to trade them, you must know the days they are closed. So, if you’re asking if the stock market is open on Veterans’ Day, you’re in luck.
What Holidays Does the Stock Market Close For?
- New Year’s Day
- Martin Luther King Jr. Day
- President’s Day
- Good Friday
- Memorial Day
- Independence Day
- Labor Day Monday
- Thanksgiving Day
- Christmas Day
Is the stock market open on Veterans’ Day? Luckily, the stock market is open on Veterans’ Day. Shockingly, outside of weekends, the U.S. stock market is only closed for nine of the 365 days of the year. Above, you will see a full list of holidays.
Day’s the Stock Market Closes Early
Is the stock market open on Veterans’ Day? Yes! Perhaps another important point to remember is that a few of these holidays lead to early closings on other days. Take the Friday after Thanksgiving Day, for example; the stock market closes after 1:00 p.m. E.T.
Additionally, if Christmas Eve or the day before Independence Day lands on a weekday, it’s also an early 1:00 p.m. close. If Independence Day falls on a Saturday, then Friday, July 3, is recognized as a holiday, and the exchanges are closed.
But what if you want to trade other markets, or the hours don’t work for you? Have you considered after-hours trading or trading markets outside of the U.S.?
After Hours Trading
Did you know some critical market moves happen outside regular stock market hours? After-hours trading would be anytime between 4:00 p.m. and 8:00 p.m. Eastern Time.
What I like so much about after-hours trading is its convenience. Depending on your schedule, you might be unable to watch or trade the markets during the day.
This couldn’t be truer if you work a Monday-to-Friday job that mirrors market hours. Luckily, many markets are open after hours.
Why don’t you consider trading futures markets? Not only are they open 24 hours a day, but they’re open six days a week. Is the stock market open on Veterans’ Day? Yep, and you can trade futures.
In light of the popularity of extended stock market hours, brokers responded in kind. Many now offer after-hours trading. A few that come to mind include Charles Schwab, Fidelity, and T.D. Ameritrade.
What Time Do the Global Markets Open and Close?
- Toronto Stock Exchange (TSX) Canada: 9:30 a.m.-4:00 p.m.
- Tokyo Stock Exchange (TSE) Japan: 9:00 a.m.-3:00 p.m. A break is from 11:30 a.m. to 12:30 p.m., which means no trading.
- The London Stock Exchange (LSE): 8:00 a.m.-4:30 p.m.
- The Irish Stock Exchange (ISE): 8:00 a.m.-4:30 p.m.
- The National Stock Exchange of India (NSE): 9:15 a.m.-3:30 p.m.
- Australian Securities Exchange (ASX): 10:00 a.m.-4:00 p.m.
Mexican Stock Exchange (BMV): 8:30 a.m.-3:00 p.m. - China’s Shanghai Stock Exchange (SSE): 9:30 a.m.-3:00 p.m. A 90-minute break is from 11:30 a.m. to 1:00 p.m. with no trading.
- The Hong Kong Stock Exchange (HKEX): 9:30 a.m.-4:00 p.m., with an hour lunch from 12:00 p.m.-1:00 p.m. with no trading.
Best Time of Day to Trade the Stock Market
The whole period between 9:30 a.m. and 10:30 a.m. ET is often the best hour for day trading. Within 15 minutes of opening, market volumes and prices resemble riding a roller coaster. At this point, it’s safe to say people are making trades based on the news, which creates sharp movements in price. At the same time, volatility is at peak levels, which means opportunity.
The first 15 minutes of market open for seasoned traders are their bread and butter. Not only are stocks overextended, but traders also strike fast, entering and exiting positions within minutes.
However, if you’re a new trader, I highly suggest you steer clear during the first 15 minutes and the first hour. You need to give the market time to identify patterns and trends.
Have you heard of the “Monday Effect?” I know how many of you dread Mondays, but I must tell you a little secret: Traders love Mondays! Historically, the market tends to drop on Monday afternoon, even more so in the middle of the month.
In anticipation of this drop, experts recommend selling your positions on Friday. Alternatively, you can wait for the drop on Monday to buy back in. This effect is even more prominent if Friday precedes a long weekend or Friday lands at the beginning of a new month.
For swing traders and investors, we tend to see prices drop in September and then increase again in October. October is generally positive overall, and prices often go up again in January, particularly for value and small-cap stocks.
Key Take-Aways
- The stock market hours in the U.S. are from 9:30 a.m. to 4:00 p.m.
- You will find the most trading opportunities within the first and last hours of the trading day.
- The first hour, or more specifically, the first 15 minutes, is the most volatile time to trade.
- New traders should avoid the first 15 minutes.
- The most stable time to trade is the middle of the day.
- Volatility and momentum pick up again at the end of the day around pm.
Final Thoughts: Is the Stock Market Open on Veteran’s Day?
Is the stock market open on Veterans’ Day? If it’s on a Monday through Friday, then you’re in luck. Veteran’s Day is not a stock market observed holiday. As tempting as it may be to rush in and start trading, setting yourself up correctly first is essential. You can succeed in any trading market with the right training and education.
