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Friday, December 08, 2017 2:08:28 PM
December options expiration belongs to the bulls
By: Almanac Trader | December 8, 2017
December’s option expiration has a firmly 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 2018). Since 1982, DJIA has advanced 27 times during December’s options expiration week with an average gain of 0.74%. S&P 500 has a similar, although slightly softer record. 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.
http://jeffhirsch.tumblr.com/post/168324575642/december-options-expiration-belongs-to-the-bulls
• DiscoverGold
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By: Almanac Trader | December 8, 2017
December’s option expiration has a firmly 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 2018). Since 1982, DJIA has advanced 27 times during December’s options expiration week with an average gain of 0.74%. S&P 500 has a similar, although slightly softer record. 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.
http://jeffhirsch.tumblr.com/post/168324575642/december-options-expiration-belongs-to-the-bulls
• 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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