Live Test of the Stock Market Overnight Move Effect (Final)
April 23, 2024 - Calendar Effects
Is the stock market overnight move effect exploitable? To investigate, we look at performances of two exchange-traded funds (ETF) designed to exploit the effect: NightShares 500 ETF (NSPY), which “seeks to return the night performance of a portfolio of 500 large cap U.S. companies.” The benchmark is SPDR S&P 500 ETF Trust (SPY). NightShares 2000… Keep Reading