Overnight Edge in SPY: A Simple Close-to-Close Strategy (opens in new tab)

Today, we present an overnight edge in SPY , which is a simple close-to-close strategy\. Most traders focus on what happens during the trading day\. But what if the real edge lies outside regular hours? In this article, Håkan and I \(Oddmund\) look at one of the simplest strategies you can test: holding SPY from the close to the next close\. What Is An Overnight Trading Strategy? An overnight trading strategy holds from the close until the next open or close\. Technically, it includes both th...