Breaking that number down,
the average opening gap following an earnings release is a pop of 0.29 percent, following by an open - to - close decline of 0.38 percent.
Historically,
the average opening gap is a 0.1 percent move upward followed by an average full - day gain of 0.04 percent.
Not exact matches
When Apple
gaps higher immediately following its after - hours earnings report, the next day it typically gives back some of that gain, declining by an
average of nearly 1 percent between the
opening and closing bells.
Usefully, the math of how that
gap closes reduces to how much faster
average compensation is growing compared to productivity (as the
gap opened up post-2000,
average comp growth consistently outpaced productivity).
SOXL
gapped down at the
open, undercut its 10 - day and 200 - day moving
averages but by the closing bell had almost reclaimed both key marks.
Here's another sweater duster — not quite the ankle - length,
open - weave style we favored back in the 90s, but definitely longer than the
average «boyfriend» style cardi you'll see on the racks at the
Gap.
One out of four
gap -
open events (on
average) will remain
open all day... aka
gap & go trend session.
Open Access is one of a new breed of law firms trying to bridge the
gap between full legal representation (with those hefty retainers) and the limited pocketbooks of the
average American.