Emanuilshvarts Hello, Carolyn: Didn't understand you well. Do you mean "last hour of every trading day", or only today?
And why? Can you please explain?
Last hour of every day, until the earning for this stock is announced.
Stock was down
Most brokers, like Fidelity have software called Anticipated Reaction. Based on your last few years of buying and selling, it can project what you will do based on last hour of trading. As well others who own BX.
Also where you work and what are your resources are in their files.
Now let us see, say you work for Federal Government and will not be able to pay your bills. You transferred funds from your broker’s accounts to bank account.
If the last hour today, instead of up was down, the selling will feed in.
Market was up but more issues were down.
There were 37 new high and 135 new lows.
Advance decline is deteriorating, there are more sign that today’s bounce was technical. To keep folks in with the hope that Washington will agree and market will start an up move again. Most folks will sell at the bottom.
BX closed = 24.77
Down = -0.69
Down = 2.71%
Volume = 9,150,648
Avg Volume = 4, 450.00
Stock down on very heavy volume, it should feed more selling. Question is who knows what and why the selling?
In fact those who have made more than 15% to 20% this year are feeding into the rally. Insider selling is very heavy.
Google search the follwing:
The ABC of stock speculation Paperback
by S A. Nelson(Author)
Google Book is on the internet, you can read it and it is free.