Stock advice: Trade at night, sleep by day

Stock advice: Trade at night, sleep by day

Save Story
Leer en espaƱol

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SALT LAKE CITY (AP) -- A new research paper finds that trading stocks at night is more profitable than during the day.

University of Utah business professor Mike Cooper says that's probably because of active after-hours trading by hedge funds.

Cooper and two professors from other schools examined stock market returns from 1993 to 2006.

They say the lesson for casual investors is that there's nothing wrong with waiting until the markets close to start trading.

The worst time to trade is at the start of each day, when in the first hour or so stocks generally decline.

Cooper co-authored the study with Michael Cliff of Virginia Tech's Pamplin College of Business and Huseyin Gulen of Purdue University's Krannert Graduate School of Management.


(Copyright 2009 by The Associated Press. All Rights Reserved.)

Related links

Most recent Utah stories

Related topics



Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

KSL Weather Forecast