Bucking historical trends, the day sessions of the SPDR S&P 500 ETF Trust (SPY) have outperformed the night sessions year to date -- albeit with significantly more volatility. [caption id="attachment_508561" align="aligncenter" width="625"] Source: NightVision[/caption] During the past 20 years (2003 through 2022), the day and night sessions of SPY have returned 2.05% and 7.50%, respectively, while holding the fund returned 9.71%. Following January’s strong rally, stocks struggled in February, as recent economic reports showed inflation unexpectedly increasing the month prior.