It seems most of the time after a down day sell off, the after close price is usually higher on most stocks. 13 of 14 stocks I follow that were in the red today are green in the after hours, most up 1/4 to 1/2%. That's maybe $50 profit per $10K.
It seems most of the time after a down day sell off, the after close price is usually higher on most stocks. 13 of 14 stocks I follow that were in the red today are green in the after hours, most up 1/4 to 1/2%. That's maybe $50 profit per $10K.
Not this morning…
another 1-1.5% down
The after close trades you are seeing immediately following the close, within the first minutes, when it's alot of volume, alot of times you are seeing ETF balancing happening. You might not get the price you see. Your trades would happen after the balancing is done. It also depends on what stocks you're talking about.
Mostly watching the tech stocks. After a down market day, the majority of stocks on my watch list will be up early in the after market, and after a up market day the majority of stocks will be down. I've never tried trading on it though.
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Originally Posted by boneil