{"product_id":"stcov232rian","title":"Stocks \u0026 Commodities V. 23:7 (26-32): Rising And Falling Overnight Sessions by Anthony Trongone, Ph.D.","description":"Stocks \u0026amp; Commodities V. 23:7 (26-32): Rising And Falling Overnight Sessions by Anthony Trongone, Ph.D.\u003cbr\u003e\u003cbr\u003eDont overlook how the performance of an individual stock affects the direction of an index-tracking stock or commodity. Heres an example using the NASDAQ 100.\u003cbr\u003e\u003cbr\u003eIf history is any guide, knowing how and when individual companies perform within an index-tracking stock or commodity will help you identify profitable trading opportunities. Keeping track of the results could allow you to see a positive impact on your returns as the trading day comes to a close.\u003cbr\u003e\u003cbr\u003eTo find out how this works, I focused on the 14 companies with the highest market capitalization in the Nasdaq 100 covering 770 trading days from January 2, 2002, to January 21, 2005. These companies (Figure 1) represent a cumulative weighting of 47.44% of the overall index. This extensive analysis will provide you with reliable trading strategies as well as the knowledge necessary to give you a statistical advantage when taking a position at either the open or close.\u003cbr\u003e\u003cbr\u003eThe astute trader observes the effect of a difference in the rising or falling overnight trading session. Consider, for instance, what the cumulative results are when taking a long position at the start of the regular session after it experiences a rising or falling overnight session. After rising in the overnight session, there was a loss of -$190.74, but the company came away with $302.84 worth of earnings in the regular trading session.\u003cbr\u003e\u003cbr\u003eSince 11 stocks as well as the index-tracking stock were\nunable to produce similar performance results within each trading session (that is, stocks with a pattern of success overnight were unprofitable in the day session, but stocks with a pattern of failure in the overnight session are profitable during the day), several reliable trading strategies are possible.\nYou can easily profit from these opportunities by\nsimply trading one stock against another, one stock against an index-tracking stock or commodity, or by simply trading the index-tracking stock or the futures contract.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134087623025,"sku":"\\V23\\C07\\137TRON.pdf","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_de61bc8d-8664-4b50-8947-746b1ff50351.jpg?v=1739665603","url":"https:\/\/shop.traders.com\/products\/stcov232rian","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}