Every afternoon at 2:00 PM Eastern, roughly $3.5 billion in institutional capital flows into the market as pension funds and major players settle their daily orders before the 4:00 PM close.
During the market turmoil of March 11 through March 18, a basic $1,000 trade placed at 2:00 PM each day would have generated results ranging from $136 to $219 by the closing bell, according to research shared by Nate Tucci.
The full breakdown of this afternoon trading window is available now in a complete presentation.
