The stock market doesn’t close unexpectedly very often. If anything, it’s consistent in only closing on the weekends and federal holidays. But every once in a while, it has to make a rare, unexpected closure.
Hurricane Sandy was one of those rare occasions where the stock market closed due to weather. Amid all of this, earnings reports continued as usual. But investors couldn’t move on the news. Unless you had access to a foreign exchange you were just out of luck, forced to wait until the market eventually opened later in the week.
But what about regular trading days? On days when the market is scheduled to open, there are ways to trade even when it’s closed.
After Hours Trading
The stock market (through the NYSE and Nasdaq) has regularly scheduled trading hours from 9:30 a.m. to 4:00 p.m. Eastern Time. However, trading outside that timeframe is known as after-hours trading. It was originally limited to the wealthy and institutional investors. Continue Reading…
The IRS increased the amount you can save for retirement with a slight boost to the 401k contribution limits for 2013. Every year the IRS must calculate cost of living adjustments for the 401k and other retirement related plans when the CPI (Consumer Price Index) hits a certain threshold.
There is an art to selling stock, or more importantly, knowing when to sell a stock. Which separates the good investors from the great ones.