The Fed Explains Why Stocks Melt-Up In Overnight Trading_老虎社区_美港股上老虎

The Fed Explains Why Stocks Melt-Up In Overnight Trading

zerohedge2021-05-28

By now everyone has seen some iteration of this chart (most recently discussed here), which shows that whereas stocks are generally flat over longer periods of time during the regular "cash", or day ...

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BenjyH2O
·2021-05-28
last night was a great example of this
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phily
·2021-05-28
Absolute Bull
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hello369
·2021-05-28
Please like and comment
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3
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Eric_Ooi
·2021-05-28
Nah nah
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happymoney
·2021-05-28
Fed up
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- phily:
  yeah
  2021-05-28
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- happymoney:
  Thanks
  2021-05-31
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Canokira
·2021-05-28
nice
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- PrimRose:
  Yeah thats nice
  2021-05-28
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Chifield
·2021-05-28
Wow never know this.
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- CcccL:
  Interesting theOry
  2021-05-29
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed Explains Why Stocks Melt-Up In Overnight Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/fed-explains-why-stocks-melt-overnight-trading><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By now everyone has seen some iteration of this chart (most recently discussed here), which shows that whereas stocks are generally flat over longer periods of time during the regular \"cash\", or day ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/fed-explains-why-stocks-melt-overnight-trading\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://www.zerohedge.com/markets/fed-explains-why-stocks-melt-overnight-trading","article_id":"1135914889","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135914889","pubTimestamp":1622169102,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"By now everyone has seen some iteration of this chart (most recently discussed here), which shows th","collect":0,"end_time":0,"defaultTopTitle":"zerohedge.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"translate_title":"美联储解释了股票在隔夜交易中熔断的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"By now everyone has seen some iteration of this chart (most recently discussed here), which shows that whereas stocks are generally flat over longer periods of time during the regular \"cash\", or day session, they tend to melt up during the overnight hours when liquidity is far lower and when the \"pajama trades\" come out and play.\nAnd while there is no single, widely accepted reason for this \"overnight drift\", the post-closed meltup phenomenon has been one of the most popular and recurring strategies in equity markets, with many traders selling spoos when the day session begins and then re-buying at the market close in pursuit of scarce alpha.\nToday,DataTrek's Nicholas Colasgoes right after the $64 trillion question and asks \"why do US stocks so often seem to rally overnight rather than during regular trading hours?\" He answers by pointing to an analysis published today by the New York Fed which has some notable observations and makes an interesting conclusion..\nFirst, here is what the Fed dubs the “Overnight Drift”. The chart below shows average daily S&P 500 futures returns by hour from 1998 – 2019. The time stamps on the X axis are East Coast US time, starting at 6 pm local. As you can see, the largest returns (when the red line goes parabolic) are from 2am to 3am. 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thats nice","text":"Yeah thats nice","html":"Yeah thats nice"}],"langContent":"EN"},{"id":135514282,"gmtCreate":1622169423846,"gmtModify":1634183178917,"author":{"id":"3578976238295519","authorId":"3578976238295519","name":"Chifield","avatar":"https://static.tigerbbs.com/35652f65436cad86ed1f7c0d94afae69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578976238295519","authorIdStr":"3578976238295519"},"htmlText":"Wow never know this.","listText":"Wow never know this.","text":"Wow never know this.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/135514282","repostId":1135914889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4498318,"gmtCreate":1622294866950,"gmtModify":1635395360650,"authorId":3566877420609993,"author":{"id":3566877420609993,"idStr":"3566877420609993","authorId":3566877420609993,"name":"CcccL","avatar":"https://static.tigerbbs.com/27eb54773a8f0b3851def7cabc15cb0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":135514282,"type":1,"supId":0,"prevId":0,"content":"Interesting theOry","text":"Interesting theOry","html":"Interesting theOry"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":27,"commentSize":7,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}