Its Sunday evening, 4-4-21 I suspect we get a bigggggg gap up on the open of the stock index futures. Did you know 76% of all gains in the stock indexes happen overnight in the stock index futures. Opening flat in the cash markets does not happen. Gap up on cash open is what happens.
Midnight rally
- Thread starter Rickshaw Man
- Start date
The chances for a good boost up will be when Japan opens, as China is closed for Tomb Sweeping day. And some major Euro countries are closed for Easter Monday. Weirdly.
Oh look the stock index futures are up overnight.....SHOCKER!
There you have it folks....just as I predicted, gap up on the cash open. Remember over 70% of stock index gains come from the drift higher in the stock index futures overnight. Make free money while you sleep.
What seems hard to do is usually the right things to do. What is easy to do is usually the wrong things. Holding overnight is hard. Thats why all the gains come from the overnight futures sessions.
What seems hard to do is usually the right things to do. What is easy to do is usually the wrong things. Holding overnight is hard. Thats why all the gains come from the overnight futures sessions.
Today there will be no retrenchment in the stock indexes. Straight up then sideways for 5 hours.
Just wait and see, over 20 years of following the stock indexes, you learn a bit.
Just wait and see, over 20 years of following the stock indexes, you learn a bit.
Agree. Dow could end up over 500+ points.
One of those days where stocks see zero pull back and 100% advancement throughout the entire trading day.
Vix however up 2%%
Taking profits on my max longs now.
The last hour looks wierd. Zerohedge reported last hour is negative for the past year.