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Market Chameleon After Hours Trading

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Market Chameleon After Hours Trading

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Most traders trade within regular market hours. However, once the regular trading session ends, that doesn’t necessarily mean that all market activity ceases for the day. In fact, this is often the time when institutional investors are making their biggest moves!

If you don’t trade during this period then you could be missing out on some potentially profitable trades. However, just like stocks trading during regular hours, it’s still important to have market data at your fingertips if you want to make the right trades at the right time.

In this article, we’ll be going over Market Chameleon After Hours Trading: what it is, what benefits it offers, and the tools you’ll have at your disposal. Intrigued? Keep reading!

What is Market Chameleon?

Market Chameleon

Market Chameleon is an options research platform that helps traders identify opportunities across the entire market. It offers a wide variety of tools to help traders keep up with trading activity (such as price declines or closing price), including a plethora of screeners and analysis tools.

You can find out about the full capabilities of this platform by reading this review.
Learn More About Market Chameleon

What is After Hours Trading?

Major stock exchanges are generally open M-F, from 9 AM to 4 PM (EST).  This is the period where most trading happens as both retail and institutional investors are active. However, institutional investors are often also active in after hours trading (and for good reason).

Many times, major shareholder updates, company events, or other relevant changes aren’t released until the after hours report. This means that while a single stock could be doing great during normal trading hours, its value could plummet after hours.

By trading after hours, a trader is able to take advantage of the latest news, getting ahead of the curve and minimizing damages/maximizing profits.

Market Chameleon After Hours Trading Tools

Market Chameleon has three tools to help traders navigate the market outside of normal trading hours: the Stock Report, the Trading Screener, and the Big Block Report.

The Stock Report allows you to view stocks and market movement in after-hours trading. The report consists of multiple charts, each of which displays the symbol, current price, change (value), change (percentage), volume, and market cap.

There are a number of different charts you can use that make it easy to find the types of stocks you’re looking for:

  • Most Active
  • Gainers
  • Decliners
  • Movers in My Watchlist
  • Breach Previous Day Low/High
  • Cross 52-Wk Low/High
  • Movers With News or Earnings
  • Price %Away from VWAP, and
  • Cross 20-Day MA or 250-Day MA

The Trading Screener is a stock screener that lets you scan after hours. Stocks are displayed in an organized fashion, broken into five different columns:

  • After Hours Activity (Symbol, Price, Chg %, Volume)
  • Today (Low, High)
  • After Hours VWAP Stats (VWAP, Price vs VWAP, Low, High)
  • After Hours Volume Stats (20-day Average, Relative Volume)
  • Additional Info (Market Cap, News)

The screener itself functions like a normal stock screener, allowing you to search through stocks using a variety of filters, including:

  • In My Watchlist
  • Stock Type
  • In ETF
  • Sector
  • Industry
  • Price
  • Price Chg Pct
  • Price vs VWAP
  • Total Volume
  • Relative Volume
  • Has News
  • Has Options
  • Earnings Date
  • Market Cap
  • 52-Wk Hi/Lo
  • Moving Avg 20-Day
  • Moving Avg 50-Day
  • Moving Avg 250-Day, and
  • Prior Day Hi/Lo

The Big Blog Report is a stock screener that’s designed to look for large market movements. It will identify stocks that have traded 10,000+ shares in a single trade, or that have had a single trade value of $200,000 or more. This tool is especially useful for tracking institutional trades.

Like the other two tools, the Big Blog Report allows traders to use a number of different filters, including:

  • In My Watchlist
  • Technical Indicator
  • Market Cap
  • Stock Type
  • Sector
  • In ETF
  • Trade Size
  • Trade Condition
  • Exchange
  • Trade Price
  • $ Value
  • Current Price From Trade Pct Chg
  • Trade Price From Close Pct Chg

In the Big Blog Report, data from the screener is displayed in a similar fashion to the other two tools, once again broken down into five main columns.

  • Stock Details (Symbol, Name, Mkt Cap)
  • Price vs. Trade (Current Price, From Trade)
  • Trade Details (Time, $ Value, Size, Trade Price, Bid, Ask)
  • Trade vs. Close (Close Price, From Close)
  • Add’l Trade Details (Condition, Exchange)

Market Chameleon After Hours Trading: A Summary

As you can see, Market Chameleon has a lot to offer options traders. Not only does it offer excellent support and data feeds during normal trading hours, but it continues to provide top-notch screeners and tools for after-hours trading as well.

Truthfully, as many retail investors don’t trade outside of regular market hours, this is more of a niche tool in that regard. However, if you do plan on trading after hours (and want access to premium data and screeners), we highly recommend clicking here to give Market Chameleon a try!

Get Started With Market Chameleon

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