Only Suckers Work More Than An Hour A Day: Bespoke Investment Group
This could be you RIGHT NOW.
Are you still holding stock? If so, too bad. You’ve already missed your chance to build a 5% annual return and then take the rest of the day off.
Investing in the market at 10 a.m. Eastern time and selling at 11 a.m. has turned out to be the most successful hour to trade so far in 2015, according to Bespoke Investment Group. The research firm took a look at how a $100 investment in the S&P 500 would have fared in hourly intervals over the course of this year. Only three time frames would have yielded gains.
According to Bespoke’s data, if you invested in the market at 10 a.m., 1 p.m. or 2 p.m. every day in 2015 and sold an hour later, your investment would have increased so far this year.
The Best Hour to Be Invested in the Market this Year Is… [WSJ MoneyBeat blog]