alright lets talk about witching which is my favorite time to trade out of all the times of the market. Why? well isnt it obvious... It's proven that every 3rd month on its 3rd Friday contracts expire worthless. so what does this mean for traders and how can any one profit from this. It's Simple wait until SPY Peaks usually about 3 weeks before witching . my...
Been watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday...