Wednesday
Jun152011
The Case For a Shorter Trading Day
Wednesday, June 15, 2011 at 11:13AM How bad of a month has June been? Well, so far there has not been a single day where the last hour of trading was positive. In the ten trading days we've seen this month, the S&P 500 has declined in the final hour by an average of 0.33%. Three o'clock close anyone?
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Reader Comments (1)
Any chance you can show a chart of the S&P 500 during the last hour of the day for however many years of data you have? It might be interesting to compare this to the S&P 500 over the same time period. Other variations could be the last half hour, the first half hour, the first hour, and overnight in order to prove or disprove the alleged significance of these time periods to the overall health of the stock market. Thanks!