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Monday, September 11, 2017 5:51:07 PM
S&P 500 down five straight on September option expiration day
By: Almanac Trader | September 11, 2017
September’s option expiration week is up 54.3% of the time for DJIA and slightly better for S&P 500 and NASDAQ since 1982, but is has suffered several sizable losses. The worst loss followed the September 11 terrorist attacks in 2001. In the last fourteen years, NASDAQ has the best record during September’s option expiration week, up twelve times. Triple-Witching Friday had been firm with all three indices advancing every year 2004 to 2011, but S&P 500 has been down five straight since and DJIA and NASDAQ four of five.
http://jeffhirsch.tumblr.com/post/165235627258/sp-500-down-five-straight-on-september-option
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By: Almanac Trader | September 11, 2017
September’s option expiration week is up 54.3% of the time for DJIA and slightly better for S&P 500 and NASDAQ since 1982, but is has suffered several sizable losses. The worst loss followed the September 11 terrorist attacks in 2001. In the last fourteen years, NASDAQ has the best record during September’s option expiration week, up twelve times. Triple-Witching Friday had been firm with all three indices advancing every year 2004 to 2011, but S&P 500 has been down five straight since and DJIA and NASDAQ four of five.
http://jeffhirsch.tumblr.com/post/165235627258/sp-500-down-five-straight-on-september-option
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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