Yes. Short term traders (primarily institutions) had new information and were reacting to it before markets opened.Election results were known and incorporated before the markets opened.
Thus a very good 2-way trade.
Once the markets opened, supply and demand for shares gets back into balance -- lower level of trading activity required. Everyone had placed their bets as to the 1st day market reaction.
Statistics: Posted by Valuethinker — Thu Nov 07, 2024 4:44 am — Replies 7 — Views 1019