The Daily Market Forecast... Night Moves

Friday’s Results: Shorting 3883.25 was only good for a 7.25-point scalp.

Quick Tip: Night Moves

In yesterday’s class “Day Trading for Day Workers” the result of a significant study on market returns done by Haghani, Ragulin & Dewey was shared.

In a nutshell, nearly all the return earned in the S&P over the past 30 years has been made when the market was closed. “Night moves.” The chart above shows the incredible divergence. Even more spectacular, this divergence occurs in many individual stocks, ETFs, even Bitcoin!

Their research concurs with my own, so it was invigorating to find some kindred spirits. For more evidence supporting this phenomenon, and how you can trade it, watch the recording of yesterday’s class. Click here.

Today’s Best S&P Turning Points:

Sell 4015.00 stop 4020.25.  

Buy 3891.50 stop 3886.00

Trade Fearlessly,

Mike Siewruk

P.S. There are several generous memberships offers presented in the recording that expire at midnight tonight. Don’t miss out!