Overnight gains vs Trading day gains

    Posted by alslayton on 21st of Apr 2011 at 07:22 pm

    Matt,  Just curious if you have/or could post up to date numbers on the Overnight vs Trading day gains since this upleg began on 3/17. I find it interesting that with all the coverage on the various networks, this is never discussed.  It was a great week,  Thanks for all the input.

    alslayton - Here's the results:

    Posted by matt on 21st of Apr 2011 at 11:32 pm

    alslayton - Here's the results: The reports continue to show that most of the gains have been made holding overnight

    Using $100K for each trade:

    Buy at the close, hold overnight and sell the next morning - resulted in a $5000 gain 5%!

    Buy on the open and sell at the close -  Resulted into a -300 loss!

    that makes sense for Matt's SPY system

    Posted by cubby on 22nd of Apr 2011 at 09:12 am

    This somewhat explains why Matt's new SPY system is out of the market more than it is in. A good lesson! Thanks Smile

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!