Posted by frtaylor on 14th of Jun 2021 at 03:19 pm
From Stock Trader's Almanac FB page:
June Quarterly Options Expiration Week and After Historically
Volatile
The second Triple Witching Week (Quadruple Witching if you
prefer) of the year brings on some volatile trading with losses
frequently exceeding gains. NASDAQ has the weakest record on the
first trading day of the week. Triple-Witching Friday is usually
better, DJIA has been up ten of the last eighteen years, but down
five of the last six.
Full-week performance is choppy as well, littered with greater
than 1% moves in both directions.
The week after Triple-Witching Day is horrendous. This week
has experienced DJIA losses in 27 of the last 31 years with an
average performance of –1.14%. S&P 500 and NASDAQ have fared
slightly better during the week after over the same 31-year span,
declining 0.79% and 0.29% respectively on average.
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From Stock Trader's Almanac FB
Posted by frtaylor on 14th of Jun 2021 at 03:19 pm
From Stock Trader's Almanac FB page:
June Quarterly Options Expiration Week and After Historically Volatile
The second Triple Witching Week (Quadruple Witching if you prefer) of the year brings on some volatile trading with losses frequently exceeding gains. NASDAQ has the weakest record on the first trading day of the week. Triple-Witching Friday is usually better, DJIA has been up ten of the last eighteen years, but down five of the last six.
Full-week performance is choppy as well, littered with greater than 1% moves in both directions. The week after Triple-Witching Day is horrendous. This week has experienced DJIA losses in 27 of the last 31 years with an average performance of –1.14%. S&P 500 and NASDAQ have fared slightly better during the week after over the same 31-year span, declining 0.79% and 0.29% respectively on average.