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Black Friday is This Friday!

This Friday is commonly referred to as Black Friday. The name references the day after Thanksgiving, when many retail stores offer their biggest sales, and holiday shoppers begin their holiday shopping.

In the past, when accounting was still done by paper in ledgers, accountants would indicate loss in red and profits in black; therefore, on Black Fridays, many retails stores suddenly, thankfully, found their accounting numbers back in the black.

How Can You Use This Upcoming Market Event?

At Your Trading Hub, we're putting out feelers to find any brokers offering "Black-Friday" target promotions. But beyond the bonuses you can check out yourtradinghub.blogspot.com right now for other inside scoops and analysis!

 
As you probably know, this Thursday and Friday many exchanges are closed (due to the Thanksgiving holiday), but the following Monday when they open for action, in the past we've seen substantial moves in value - this is reaction based on how good or, conversely, how bad Black Friday was for the economy-at-large. Because Black Friday is a good indicator of the health of the economy, and many analysts and economists will use retail-data to generate their own 2011 holiday forecasts.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.