A 50-minute Head Start On The Closing Auction
There's a thing the market does every day at 3 PM that I've become a little obsessed with. It's a data feed the NYSE Arca exchange starts publishing live at exactly 3:00 pm every trading day, and for the next 50 minutes it shows where the biggest money in the market is positioning into the close. Most of Wall Street sees this same information at 3:50 pm. Mark and I see it at 3:00. Here's the thing about me. I'm a chaotic wildfire as a trader, which is exactly why I'm obsessed with rules. Give me a signal that fires at the same time every day on the same ticker and I will run it into the ground. Mark Sebastian feels the same way. We've been reading this feed together every trading day for months and built one of the cleanest little trade structures I've ever put on. One ticker,