What Investors Need to Know About the Stock Market on Thanksgiving

Thanksgiving will truly kickstart the busy holiday period this week, but should you be looking to invest during this big shift in seasons?
Nov. 24, 2021
Unlock Free Stock Insights + 50% Off Discount Code!
Join thousands of savvy investors and get:
  • Weekly Stock Picks: Handpicked from 60,000 global options.
  • Ten Must-Have Stocks: Essential picks to hold until 2034.
  • Exclusive Stock Library: In-depth analysis of 60 top stocks.
  • Proven Success: 10-year track record of outperforming the market.
Sign up to our mailing list now and enjoy a 50% discount on premium services!
By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Policy and Terms of Use.

Thanksgiving marks the start of the holiday season, an immensely important period for retail businesses. An impressive fourth-quarter earnings report can turn an alright year into a very successful one. All of this starts with Thanksgiving and the subsequent retail frenzy that is Black Friday and Cyber Monday.

With Thanksgiving just around the corner, we decided to take a look at some of the most common investor questions associated with this time of year. 

Is the Stock Market Open on Thanksgiving?

No, both the NASDAQ and the NYSE will be closed on Thursday, 25th November for Thanksgiving.

What about Black Friday?

Both the NASDAQ and the NYSE will reopen on Friday, but both will close early at 1 p.m. EST.

How does the market normally respond to Thanksgiving?

Thanksgiving and Black Friday hold a strong link to the fortunes of the stock market. Big consumer spending over Thanksgiving weekend is a strong indicator that the holiday season as a whole will be profitable. This is often reflected in the rising stock of companies posting solid sales.

Many analysts, however, are not sold on the idea that Thanksgiving weekend truly affects the stock market and even question just how reliable a Q4 predictor it can be. As such, investors should be wary about making any decisions based on holiday-related volatility. We'd remind you to stick to MyWallSt's six golden rules of investing to avoid any costly mistakes.

Grocery-related stocks typically receive a boost around Thanksgiving and the resulting holiday season, so maybe look to companies like Kroger and Costco.

Large retail stores also benefit from the spending spree associated with Black Friday, so companies such as Target and Walmart will expect to see a boost.

High-quality retailers in certain industries such as electronics or apparel will also hope to see a revenue boost across the Thanksgiving weekend as people look to purchase gifts for loved ones, so companies such as Apple and Nike could be set to benefit.

The most important thing to remember, however, is to only invest in stocks you truly believe in long-term. Don't just buy a stock based on the time of the year, make sure whatever you invest in is something you're happy to hold at any time of the year.

Ready to start investing in stocks with huge potential? Check out our list of market-beating companies so you can get on the path to financial freedom. Get free access now.


Unlock Free Stock Insights +50% Off Discount Code!
Join thousands of savvy investors and get:
  • Weekly Stock Picks: Handpicked from 60,000 global options.
  • Ten Must-Have Stocks: Essential picks to hold until 2034.
  • Exclusive Stock Library: In-depth analysis of 60 top stocks.
  • Proven Success: 10-year track record of outperforming the market.
Sign up to our mailing list now and enjoy a 50% discount on premium services!
By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Policy and Terms of Use.

The Home of Successful Investing.

© 2024 MyWallSt Ltd. All rights reserved.

Services

Content

Social

Company

Support

Resources

This website is operated by MyWallSt Ltd (“MyWallSt”). MyWallSt is a publisher and a technology platform, not a registered broker-dealer or registered investment adviser, and does not provide investment advice. All information provided by MyWallSt Limited is of a general nature for information and education purposes, and you should not construe any such information as investment advice. MyWallSt Limited does not take your specific needs, investment objectives or financial situation into consideration, and any investments mentioned may not be suitable for you. You should always carry out your own independent verification of facts and data before making any investment decisions, as we cannot guarantee the accuracy or completeness of any information we publish and any opinions that we publish may be wrong and may change at any time without notice. If you are unsure of any investment decision you should seek a professional financial advisor. MyWallSt Limited is not a registered investment adviser and we do not provide regulated investment advice or recommendations. MyWallSt Limited is not regulated by the Central Bank of Ireland. MyWallSt Limited may provide hyperlinks to web sites operated by third parties. Your use of third party web sites and content, including without limitation, your use of any information, data, advertising, products, or other materials on or available through such web sites, is at your own risk and is subject to the third parties' terms of use.