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It seems that stocks generally perform best in the first couple of hours of trading. Why is that? Things will shoot up after the opening only to drift down as the day goes on, sometimes ending the day even lower than they started. Is there a logical reason for that?
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going. -
Pump and dump?
People want to try to make a pattern or trend but that doesn’t usually apply to the market.
ive also seen a huge drop at the open and then it’s high at the end of the day -
Caffeine?
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Perhaps.Originally posted by scfr View PostCaffeine?
I think volume tends to be higher in the morning also. A lot more trading happens early as the market responds to news that came out since the previous day's close. Once that's been factored in, the market tends to settle down, unless some other news breaks during the course of the trading day.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.Comment
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