The Stock Market Works by Day, but It Loves the Night

[Rickshaw Man]

Buy the cash close sell the cash open......Does not work everyday, but it works enough. Read article below.


https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html

 

[remoteControl]

taxes

 

[Maverick2608]

commission

 

[toc]

While history backs this data but this strategy is equivalent to a knife fight in a dark room.

 

[SteveM]

Makes sense.....we probably have 75% all economic reports being released when the US stock market is closed. Then we also have US corporate earnings all being released after 4PM/before 8AM (and most earnings calls as well). Most M&A announcements come afterhours as well.

In short - probably 80% of news-driven catalysts occur outside of the US trading session.

 

[tomorton]

The article does not at all prove that daytrading doesn't work - or any other conventional sort of trading. The logic that proving one methodology works automatically proves another doesn't is just faulty, like concluding that as airplanes can fly, that therefore means ships cannot float.

 

[lindq]

Buy the cash close sell the cash open......Does not work everyday, but it works enough. Read article below.


https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html

Does not work at all if you include transaction costs (slippage, spreads, fees, commissions) and taxes.

 

[Rickshaw Man]

Oh look the stock index futures are rising overnight.....Shocker...Free money $$$

 

[Rickshaw Man]

Nice overnight gain while I slept.

 

[Rickshaw Man]

Nice overnight gain again.....SHOCKER! Free money while you sleep. If you buy the cash close
...so easy.