Gotta love ZERO RISK in the SP500 = $$$

Overnight said:
IIRC, Rick doesn't post when there's FOMC action. Takes the week off? Which kind of blows a giant hole in the Overnight theory, doesn't it? Woops!
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He's back in his rat hole... Down day we had this week screwed him bad cause he's on margin

He can climb out of it next week, it'll be the rest of banks earnings and there's usually never ever a down week when wall street banks report earnings... He will be crawling back in it in from End April-May onward
 
I decided to run the numbers on @Rickshaw Man 's "Sunday night gap up open" on the last 10 years of data (2009 to present). I used the cash close on Friday at 16:00 and the open on Sunday at 18:00. It's a bit tricky with regards to actual hours and holidays, so I removed every day which did not fit this particular time slot and of course every Friday which did not have a Sunday Open following it.

This is 500 Sunday's and it looks like this assuming I ran the data correctly.

Average Open (difference from Friday) = 0,00 (yes, zero)

% Positive = 53 %.

Maybe someone can double check and see if they get similar results. But it does seem to be fairly equally distributed.
 
shatteredx said:
Du30qzSW0AExXlx.jpg:large

;)
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S2007S said:
Yep a melt up .....keep buying the risk free money printing market machine....zero risk all reward all the time!!!!!
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It's only free money because there's still plenty of idiots selling and thinking they are smarter than the market. Without them, there'd be no fuel for the fire.
 
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