| Followers | 680 |
| Posts | 141257 |
| Boards Moderated | 36 |
| Alias Born | 03/10/2004 |
Friday, April 12, 2019 3:31:30 PM
April’s Option Expiration Week Historically Bullish: DJIA Up 30 of Last 37
By: Almanac Trader | April 12, 2019
April option expiration is generally bullish across the board with solid gains on the last day of the week, the entire week and the week after. Since 1982, DJIA and S&P 500 have both advanced 23 times in 37 years on expiration day with an average gain right around 0.15%. Expiration day used to be stronger, but four or five straight years of declines has taken on a toll on the longer-term record. Nonetheless, expiration week has a bullish track record over the past 37 years even factoring in recent weakness on the last day. Average weekly gains are 1% or better for S&P 500, DJIA and NASDAQ. The bullish bias of April expiration also persists during the week after. DJIA has posted a full-week gain in 15 of the last 20 weeks following expiration.
Read Full Story »»»
• DiscoverGold
By: Almanac Trader | April 12, 2019
April option expiration is generally bullish across the board with solid gains on the last day of the week, the entire week and the week after. Since 1982, DJIA and S&P 500 have both advanced 23 times in 37 years on expiration day with an average gain right around 0.15%. Expiration day used to be stronger, but four or five straight years of declines has taken on a toll on the longer-term record. Nonetheless, expiration week has a bullish track record over the past 37 years even factoring in recent weakness on the last day. Average weekly gains are 1% or better for S&P 500, DJIA and NASDAQ. The bullish bias of April expiration also persists during the week after. DJIA has posted a full-week gain in 15 of the last 20 weeks following expiration.
Read Full Story »»»
• DiscoverGold
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
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
