Today’s Chart of the Day comes from Bespoke Investment Group showing stock market returns since 1993. The green line shows the returns if you only own stocks when the market is closed, vs. the red line of only owning stocks when the market is open. The “closed” return is 855% vs. the “open” return of only 12%. This is because most of the events that move the market, such as earning announcements, GDP, jobs, and inflation, happen before or after the market closes. Since most movement takes place in the after-trading hours, that is also when to greatest growth occurs.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.