It’s 2 P.M. in New York, Time to Buy Stocks: Technical Analysis

[Banjo]

March 26 (Bloomberg) -- U.S. stocks have their best intraday returns starting at 2 p.m. in New York as institutional money managers begin buying, according to an analysis by Bespoke Investment Group LLC.

http://www.bloomberg.com/apps/news?pid=20601213&sid=aXBrD38btGl8&refer=home

 

[riskfreetrading]

That means we would have a selloff tomorrow or early next week.

 

[montluo]

Quote from riskfreetrading:

That means we would have a selloff tomorrow or early next week.

Totally agree.

 

[Mercor]

When stocks are bullish this is a very common pattern.

Part of the reason behind the rallly is at 2:00cst both bonds and crude oil close. After 2:00 longs are a little safer from a sharp drop in bonds or crude