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Stock Rally Postponed Until Monday as Traders Extend Their Holiday

Stocks are getting a weak start to the year as many traders decided to extend their holiday through the weekend. Jason Weisberg of Seaport Securities pointed out the low volume and lack of trading on the first trading day of 2014. He does believe that Monday will be a big day for trading and expects to see the market move higher as portfolio managers put fresh money to work. He thinks January will be another extension to the 2013 bull market barring any unforeseen events.