US stock market makes modest gains – All Quant stock Portfolios make all time highs again – Update 06/22/26
Pre-Market and After-Hours Trading — Broker Comparison
Quant Weekly – Up over 87% since June 2025
Quant 30 – Up over 89% since June 2025
Legacy – Up over 400% since April 2023
Education – Pre-Market and After-Hours Trading — Broker Comparison
USA Stock market week ending 06/19/26
S&P 500 (SPY):+1.2% — Large-cap stocks posted solid gains, reflecting continued strength across the broader market.
Dow Jones Industrial Average (DIA):+1.0% — Blue-chip stocks advanced steadily, contributing to a positive week for major indexes.
Nasdaq Composite (^IXIC):+2.4% — Technology and growth stocks led the market higher, making the Nasdaq the strongest-performing major index during the period.
Russell 2000 (IWM):+1.4% — Small-cap stocks outperformed the S&P 500 and Dow, signaling healthy participation beyond the largest companies.
Market Drivers this Week (06/22/26 – 06/26/26)
Monday, 6/22 — Markets Reopen After Juneteenth
Dallas Fed Manufacturing Survey releases at 10:30 AM ET.
Tuesday, 6/23 — Consumer Confidence and Housing
June Consumer Confidence Index releases at 10:00 AM ET.
May New Home Sales report also arrives at 10:00 AM ET.
Richmond Fed Manufacturing Index and Dallas Fed Texas Retail Outlook Survey are also scheduled.
Wednesday, 6/24 — GDP Update and FedEx Earnings
Final estimate of Q1 2026 GDP releases at 8:30 AM ET.
University of Michigan Consumer Sentiment final reading is due.
FedEx (FDX) reports earnings after the close.
Thursday, 6/25 — Durable Goods and Micron
May Durable Goods Orders release at 8:30 AM ET.
Weekly Initial Jobless Claims are reported before the open.
Micron Technology (MU) reports earnings after the close.
Micron’s outlook on AI memory demand could influence the broader semiconductor sector.
Friday, 6/26 — PCE Inflation Report
May PCE Price Index releases at 8:30 AM ET.
Personal Income and Personal Spending data are released simultaneously.
The CNN Fear and Greed Index ends the week at 37, in the Fear area. This is the third week in a row in the Fear area after seven weeks in a row in the Greed area. Risk Off is still the dominant trend, this despite the stock market making modest gains. The unpredictable trouble in the middle east may be one factor keeping the indicator stuck in the Fear area.
The Quant Model Portfolios all made all time highs yet again. Quant Weekly at +87%, Quant 30 at +89% and Quant Legacy at +408%. This is despite the CNN Fear and Greed Index being pegged to the Fear area for three weeks running. A Risk Off environment usually hurts stocks with strong momentum but our stocks are managing to power higher in spite of this.
Note: You are enjoying the free subscriber newsletter. Paid subscribers enjoy instant access to weekly Model Portfolio updates upon release and a Top Quant Stocks list. Free subscribers get access to Portfolio updates after a three-week delay but no Top Quant Stocks list. Want timely access to the new Adds/Removes and Top Quant Stocks list?
Model Portfolio Quant Alpha Weekly
Any newly added stock is being released to Paid Subscribers today. Below are the updates from three weeks ago. This Portfolio continues to significantly outperform its benchmark, 87% versus 19%. It has 26 members.
Top five Quant stocks in the Portfolio (Paid subscribers only).
Add (05/29/26) : BTSG (BrightSpring Health Services) Health Information Services
Outperformers: SSRM (SSR Mining) up over +90%, MU (Micron Technology) up over +620%, TTMI (TTM Technologies) up over +240%, CLS (Celestica) up over +80%
Model Portfolio Quant 30
This week’s new update, if any, is being released to the paid subscribers. Shown below is the update made three weeks ago. This Portfolio continues to beat its benchmark by a wide margin, 89% to 19%. It has 30 members in it.
Two stocks are being Removed today. VSAT (Viasat) was added to the Portfolio on 10/30/25 and is up +106% since. GFI (Gold Fields) was added 7/3/25 and is up +70%.
Top five Quant stocks in the Portfolio (Paid subscribers only).
Add (05/29/26): ARW (Arrow Electronics) and DAR (Darling Ingredients)
Remove (05/29/26): GFI (Gold Fields) and VSAT (Viasat)
Outperformers: MU (Micron Technology) up over +820%, LITE (Lumentum Holdings) up over +250%, TTMI (TTM Technologies) up over +200%, BTSG (BrightSpring Health) up over +190% and SNDK (Sandisk) up over +250%
Model Portfolio Quant Alpha’s – Legacy
The portfolio is up over +400% since it began in 2023. It has 17 stocks in it. Powell industries is now a 15 bagger. Celestica is now a 14 bagger and now Sterling Infrastructure has become a 13 bagger.
Top five Quant stocks in the Portfolio (Paid subscribers only).
Remove (05/29/26): None
Outperformers: AGX (Argan) up over +900%, STRL (Sterling Infrastructure) up over +1300%, POWL (Powell Industries) up over +1500% and CLS (Celestica) is up over +1400%
Performance to 06-19-2026
Top Quant Stocks for this week – (Paid subscribers only feature)
Pre-Market and After-Hours Trading — Broker Comparison
Rules That Apply Across Most Major Brokerages
Limit orders are generally required for execution during extended-hours trading. Market orders are typically not accepted for immediate execution outside regular market hours.
Liquidity is lower during extended hours, resulting in wider bid-ask spreads, greater volatility, and potentially less favorable execution prices.
Most OTC stocks, pink-sheet securities, bulletin board stocks, and mutual funds are not eligible for extended-hours trading.
Standard equity options generally cannot be traded during stock extended-hours sessions, although some index and futures options trade on separate overnight schedules.
Settlement rules remain unchanged. Extended-hours trades settle on the normal T+1 cycle.
No premium account tier is generally required to access basic pre-market and after-hours trading at Robinhood, Schwab, Fidelity, E*TRADE, or Interactive Brokers.
Fractional-share availability varies by broker, security, and trading session. Investors should verify eligibility directly with their brokerage.
Order duration and session eligibility vary by broker. Some firms allow orders that span multiple sessions, while others require specific session designations.
Where the Brokerages Differ
Pre-Market Trading Hours
Interactive Brokers (IBKR)
Pre-market begins at 4:00 AM ET
Earliest access among the major retail brokerages
Particularly useful for reacting to overnight earnings, global events, and foreign market activity
Robinhood, Schwab, Fidelity, and E*TRADE
Standard pre-market trading generally begins at 7:00 AM ET
Fidelity
Certain order-entry cutoffs occur shortly before the regular market open
Short-sale availability may be more restricted during early pre-market hours
Charles Schwab
Certain order-entry windows and cutoff times may vary depending on platform and order type
After-Hours Trading
Robinhood, Fidelity, E*TRADE, and Interactive Brokers
Standard after-hours trading generally runs from 4:00 PM ET to 8:00 PM ET
Charles Schwab
After-hours trading generally begins shortly after the market close and continues until 8:00 PM ET
Exact availability may vary slightly depending on platform and routing method
Overnight and 24-Hour Trading
Interactive Brokers
Overnight trading available on thousands of U.S. stocks and ETFs
Access extends beyond traditional extended-hours sessions
Offers the broadest overnight stock universe and the most routing flexibility
Charles Schwab (thinkorswim)
Offers 24/5 trading on thousands of eligible stocks and ETFs
Overnight orders utilize the EXTO designation
Best functionality is available through the thinkorswim platform
Robinhood
Offers a 24-Hour Market from Sunday evening through Friday evening
Uses the Blue Ocean ATS
Overnight eligibility is limited to a curated list of securities
Investors should verify symbol eligibility before trading
E*TRADE
Offers limited overnight access for select ETFs
Most securities remain restricted to standard pre-market and after-hours sessions
Fidelity
Does not currently offer broad overnight or 24-hour stock trading
Trading access generally remains within standard pre-market and after-hours windows
Eligible Security Universe
Interactive Brokers
Broadest selection of overnight-tradable stocks and ETFs
Extensive access to global equities, futures, forex, and other asset classes
Charles Schwab
Thousands of eligible stocks and ETFs available for overnight trading through thinkorswim
Robinhood
Most listed stocks and ETFs available during standard extended hours
Overnight trading is limited to approved securities
Fidelity
Broad access to listed NYSE and Nasdaq securities during standard extended-hours sessions
Does not currently provide broad overnight stock trading
E*TRADE
Most NYSE- and Nasdaq-listed stocks and ETFs available during standard extended-hours trading
Order Routing and Trading Sophistication
Interactive Brokers
Most advanced routing controls and execution flexibility
Multiple venue and routing options available
Additional customization available for IBKR Pro clients
Charles Schwab
Automated overnight routing through thinkorswim
Strong balance of flexibility and ease of use
Robinhood
Simplified routing through Blue Ocean ATS
Designed for simplicity rather than extensive customization
Fidelity and E*TRADE
Traditional ECN-based routing during standard extended-hours sessions
Less complexity but fewer advanced routing controls
Broker-by-Broker Summary
Interactive Brokers (IBKR)
Earliest pre-market access (4:00 AM ET)
Broadest overnight trading universe
Most sophisticated execution and routing tools
Best suited for active and advanced traders
Charles Schwab
Strong all-around platform with broad 24/5 trading access through thinkorswim
Excellent balance of features and usability
Robinhood
Simple and accessible 24-hour trading experience
Good choice for investors who prioritize convenience and ease of use
E*TRADE
Solid standard extended-hours offering
Limited overnight trading capabilities
Fidelity
Traditional extended-hours trading model
Strong for long-term investors but does not currently offer broad overnight stock trading
Bottom Line
Interactive Brokers offers the broadest access, earliest trading hours, largest eligible universe, and most advanced execution tools.
Charles Schwab provides one of the strongest retail-friendly 24/5 trading experiences through thinkorswim.
Robinhood delivers the simplest overnight trading experience, while Fidelity and E*TRADE focus primarily on traditional pre-market and after-hours trading rather than broad overnight access.
For most active traders, the biggest differentiators are overnight trading availability, pre-market start times, eligible security coverage, and routing flexibility.
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All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. This post was written with the assistance of artificial intelligence. The original ideas and final review are human-generated.
Lots of multibaggers in your portfolios. Is it hard to resist selling them after they go up a bunch?
Not at all. I have Sell rules in place when I buy a stock. I just follow the rules. The Quant system tells me when to sell.