Quadruple Witching

Although Halloween is six weeks past, the witches are out on Friday. It’s quadruple witching day in the markets, when the expiry of a number of derivatives contracts can have an unnerving impact on trading. Quadruple witching is the simultaneous expiry of stock options, index futures, index...

Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, TSLA, MSFT, and NVDA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are...

Welcome to quadruple witching day. It happens every quarter on the day when futures and options on indices and stocks all expire on the same day.  Maybe it’s not as ominous as its name might suggest, but these remain days when investors might want to exercise special care as there could...

There are many sayings that are used to describe movements in the financial markets. For example, “Sell in May and go away” and the “January Effect” are two of the most common ones. One that is applicable to the current time period is the “Santa Claus rally....

Futures Rise On Quadruple Witching U.S. equity futures gained in early pre-market trade Friday after Thursday's sell off as Chinese lending rates eased. The overnight SHIBOR rate fell to 7.9 percent from 12.8 percent and the seven day repo rate fell 8.1 percent from 11.6 percent Thursday. Top...

Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...

Futures Flat On Bank of Japan Confirmations, European Summit, Quadruple Witching U.S. equity futures were little changed in early pre-market trade as the latest European summit to target growth continued and the Japanese upper house of parliament approved the three new Bank of Japan board member...