Howard Lindzon on the vast difference in returns based on slight timing changes

Although it’s been easy to make money – if you are long – this stat blew my mind about the S&P: Since 1993, if you bought the S&P 500 on the open and sold on the close each day, your return would be -5.2%… But if you did opposite (bought on the close, sold on the open the next day) your return would be a stunning 568%.

via Melt Up… and My First Momentum Monday of 2018. at Howard Lindzon

Leave a Reply

Your email address will not be published. Required fields are marked *