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Friday, October 21, 2016 8:50:40 AM
Almanac Trader: Week before Election more bullish than week of or week after
* October 21, 2016
Election Day is (finally) just around the corner. Next week will be two weeks before and it is also the week after October options expiration. Over the past 22 years the week leans bullish with gains exceeding losses by a margin of nearly 2 to 1 and respectable across the board gains. However, this same week (not always the week after options expiration) has nearly the exact opposite track record in election years. Since 1952, DJIA and S&P 500 have advanced during the week only 37.5% and 31.3% of the time respectively. The week before election week has a bullish bias that exceeds election week and the week after.
http://jeffhirsch.tumblr.com/post/152084900248/week-before-election-more-bullish-than-week-of-or
• DiscoverGold
Click on "In reply to", for Authors past commentaries
* October 21, 2016
Election Day is (finally) just around the corner. Next week will be two weeks before and it is also the week after October options expiration. Over the past 22 years the week leans bullish with gains exceeding losses by a margin of nearly 2 to 1 and respectable across the board gains. However, this same week (not always the week after options expiration) has nearly the exact opposite track record in election years. Since 1952, DJIA and S&P 500 have advanced during the week only 37.5% and 31.3% of the time respectively. The week before election week has a bullish bias that exceeds election week and the week after.
http://jeffhirsch.tumblr.com/post/152084900248/week-before-election-more-bullish-than-week-of-or
• 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!
• DiscoverGold
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