BeaconEquity.com announces the publication of an article covering the best time of the day to buy stocks and how that trend has reversed itself after the market hit its low point, according to Bespoke Investment Group.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“According to Bespoke Investment Group LLC, the best time of day to buy stocks is 2 p.m. in New York. The Harrison, New-York-based firm reports that since September the Standard & Poor’s 500 Index on average rose during the 2 p.m. to 3 p.m. period, and ranks as the best time for stocks to move higher. … Returns between 2 p.m. and 3 p.m. averaged 0.14%, with only the 3 p.m. to market close period registering any gains. The worst performance for stocks was between the period of the market open and 10 a.m., according to Bespoke.”
Since the market low, the opening trade period’s performance has reversed:
“However, also noted in Bespoke’s announcement was that the company’s data show that since the market low set on March 9, the best stock performance came during the time period between the market open and 10 a.m., reversing the opening trade period’s performance from ranking worst to best, with an impressive average return of 0.77% in this rally. The next best performance in stocks was between the 2 p.m. and 3 p.m. period, the company said.”
To read the entire article visit http://www.beaconequity.com/m
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
