Has The "Opening Pump" Replaced The "330 Ramp"?

From the lows in 2009, there was one sure thing in the market - buy stocks at 330pmET and sell at the close. For 3 years this massively outperformed every other period... until ZeroHedge exposed 330 RAMP CAPITAL in 2013 [2]. Since then it has been a losing bet with the 930-10amET "opening pump" replacing it as the "easy money." That was, until Black Monday...

It appears since then "the team who protects markets from plunging" has switched back to what they know best...

[3]

And - by way of pure conjecture, as we noted previously - there is an odd correlation with VIX positioning... [4]

[5]

Chart: Nanex LLC