This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Industries Banking on Your Columbus Day Weekend

PORTLAND, Ore. ( TheStreet) -- Of all the long-weekend holidays on the calendar, Columbus Day may be the one that means the least to businesses and even less to the average U.S. worker.

Our own Dana Blankenhorn gets into the political debate surrounding the day and the open/closed list -- which features a whole lot more businesses opened than closed. Yes, it's on the list of federal holidays, but just about the last thing federal workers are thinking about during the government shutdown that prompted their unpaid furlough is what they're going to do with some time off.

The stock markets are still open, most businesses are still open and everyone who's not celebrating their cultural tie to Columbus' voyage or protesting the effects of that trip on Native American populations can be forgiven for not realizing that there's anything noteworthy about what is otherwise a typical Monday. Even local governments have cut the day off as a budget item, while Tennessee decided last year to move its state employee's Columbus Day holiday to the Friday after Thanksgiving.

Its clout is shrinking, but Columbus Day still has enough pull to get both its proponents and detractors a day off. It may not have as broad a reach as Thanksgiving, Christmas, New Year's Day, Memorial Day, Independence Day or Labor Day, but any day that gives even a segment of the U.S. working population a paid day off has the potential to pay off for anyone who can pry those weary workers out of the house for a weekend.

We offer the following five corners of commerce as examples of exactly who is still relying on Columbus Day for a quick infusion of cash:

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $128.46 0.00%
FB $78.97 0.00%
GOOG $558.40 0.00%
TSLA $203.34 0.00%
YHOO $44.28 0.00%


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs