Midnight rally

Screenshot 2022-06-06 072002.jpg
 
So after doing this for close to 20 years you start to see reoccurring patterns with regularity. This overnight drift up occurs during the summer months. Let me make it clear, the stock index futures do not rise overnight every night. As you will soon see. But it happens enough to be profitable. I'm not going to tell you when to buy or sell. You will have to figure that out for yourself.

Keep an open mind and watch how the stock index futures float up as America sleeps. You will awake with the financial media telling you....LOOKS LIKE A HIGHER OPEN ON WALL STREET.

Since consumer confidence is so low, expect it.

View attachment 284808


Screenshot 2022-06-06 081704.jpg
 
Looks like there is finally an ETF for the Midnight Rally, at least for the IWM & SPY. The Nightshares NSPY & NIWM ETFs just started 2 weeks ago. The 55 bps seems high for just buying SPY at the close and selling at the open.
 

Attachments

Some things never change with the stock index futures. Drift higher overnight alive and well.

You abandoned your thread in the middle of last year during the throes of the bear market, and come back now 18 months later when the market is at 52-week highs and declare the bull market. And I guess you haven't noticed that most of the gains have been coming during RTH, not ETH, for the better part of this quarter.

You're a piece of work.
 
Back
Top