Up All Night, Down All Day

If lately you feel like you would be better off not even getting out of bed in the morning, you may be right.  Examining the performance of the S&P 500 during market hours vs. after hours shows that over the last 50 trading days, the S&P 500 (as measured using SPY) has gapped up an average of 7 basis points, while the average intraday return has been a decline of 17 basis points.  Just one more reason to hit the snooze button tomorrow morning.