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Topic | Stock Topic 21 |
red sox 777 02/11/21 10:46:27 PM #354: | https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.html This article confirms what I was thinking. It turns out that historically virtually all of the gains in the stock market occur overnight. The S&P 500 was actually slightly down over 25 years from 1993 to 2018 if you only count movement during market hours! I think it makes sense because there are day traders who fear holding overnight, so they will sell shortly before close so that they don't have to hold overnight....driving down the prices at close. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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