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Friday, December 09, 2016 4:17:09 PM
December option expiration week generally bullish
By Almanac Trader
* December 9, 2016
December’s option expiration has a bullish history. In fact, the week of options expiration and the week after have the most bullish record of all Triple Witching expirations (page 78, Stock Trader’s Almanac 2017). However, the record is not pristine. In 2011, Europe’s debt crisis derailed the market. In 2012, the threat of going over the fiscal cliff triggered a nearly 2% loss the week after. Last year, Fed rate jitters resulted in a mild decline for the week, but losses were quickly recovered in the week after.
http://jeffhirsch.tumblr.com/post/154247913123/december-option-expiration-week-generally-bullish
• DiscoverGold
Click on "In reply to", for Authors past commentaries
By Almanac Trader
* December 9, 2016
December’s option expiration has a bullish history. In fact, the week of options expiration and the week after have the most bullish record of all Triple Witching expirations (page 78, Stock Trader’s Almanac 2017). However, the record is not pristine. In 2011, Europe’s debt crisis derailed the market. In 2012, the threat of going over the fiscal cliff triggered a nearly 2% loss the week after. Last year, Fed rate jitters resulted in a mild decline for the week, but losses were quickly recovered in the week after.
http://jeffhirsch.tumblr.com/post/154247913123/december-option-expiration-week-generally-bullish
• 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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