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US stock market makes modest gains – All Quant stock Portfolios make all time highs again – Update 06/22/26

  • 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.

Portfolio Changes

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?  Subscribe

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%

Portfolio Performance

Performance to 06-19-2026

Top Quant Stocks for this week – (Paid subscribers only feature)

Investment Education

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. Disclaimer

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