Leveraged ETFs Might Be the Cause of Late Day Trading Moves [View article]
I've noticed this same phenomenon, and like the large trading desks, I have been taking advantage of the increased volatility at the end of the day. It's a good strategy. However, volatility is a double-edged sword, and if caught on the wrong side of the trade, can be costly. I keep very tight stops at these hours of the day, and I get out very quickly once the momentum fades.
Leveraged ETFs Might Be the Cause of Late Day Trading Moves [View article]