Uncategorized

Want to make money in the stock market? Own it only when it’s closed

close

Email a Friend

Great piece from the guys at Bespoke on a strategy they call Close to Open. While owning the S&P500 or its proxy, the ETF $SPY, since its inception in 1992, investors would have seen  a 193% return.

Not too shabby.

But instead of just buying and holding (or “buying and praying” as I like to call it), if investors had bought the $SPY at the end of each trading day and sold it when markets opened the next morning, investors would have seen their holdings rise by almost 400%!

This raises the question — why even trade when the market is open?

You say, no frickin’ way.

Well, Bespoke says, way.

Like the fabled, flux capacitor, the implications of this are just mind-blowing.

Source

Who Needs the Trading Day (Bespoke Investment Group)

0 comments on “Want to make money in the stock market? Own it only when it’s closed”

Uncategorized

Rebranding rebirth: Netspend and Rêv come together to form Ouro

  • Prepaid card provider, Netspend, and Rêv, a digital payment technology provider, recently integrated under a new brand called Ouro.
  • The new brand tells the story of rebirths as the Sosa brothers return to Netspend, a company they founded out of their apartment in 1999.
Rabab Ahsan | November 20, 2023
Uncategorized

The Daily Tearsheet: A day in the life of Kristen Anderson, the CEO and co-founder of Catch

  • In this daily, we've got a day in the life of Kristen Anderson, the CEO and co-founder of Catch
  • And in other news, NFTs continue to spread.
Rivka Abramson | May 03, 2022
Uncategorized

Job Opening: People Person

  • Tearsheet is growing and looking to hire a People Person.
  • You'll help us source and grow new talent for our team.
Tearsheet Editors | December 09, 2021
Uncategorized

Job Opening: Audio-Visual Editor

  • Tearsheet's podcasts, webinars, and conferences are industry favorites.
  • We're looking for a ninja editor to take our audio/visual content to the next level.
Arifah Esar | January 01, 2021
Uncategorized

Careers at Tearsheet – Journalist

  • Tearsheet is an impactful media organization, helping its audience understand the impact technology has on financial services.
  • We're always looking for great writing talent to add to our team and organization.
Aaron Singer | January 01, 2021
More Articles