This Is The Craziest Chart You'll See Today

Friday, July 17, 2020 8:50 AM EDT

In a world of incredulity, to suggest one chart is the "craziest" may seem a little braggadocio but we suspect after reading below, you will agree...

Something very odd is going on.

Since the beginning of May, the S&P 500 has risen 314 points - a significant surge.

However, as the chart below shows, more than all of those gains have come when the US equity market is closed.

Yes, you are reading that correctly: During the US day session, the S&P has lost 5 points; and during the overnight session (from the cash close to the cash open), the S&P has gained 319 points.

Trade accordingly.

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