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This wacky daily trading strategy posted a 13% return in this rough year

This wacky daily trading strategy posted a 13% return in this rough year

Finance
Buy the S&P 500 at the close every day and sell it at the next open. Sounds wacky? You could have outperformed the market by 20 percent. According to Bespoke Investment Group, if one had implemented this so-called after-hours strategy every day in 2018, it could've posted a 13.3 percent return. "This has really been an intraday bear market, with more than 100 percent of the selling coming during regular trading hours. Since SPY's peak on Sep. 20, you'd still be up 3.3 percent if you only owned outside of ...