Spooky “Triple Witch”

December 20, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

There's a reason they call this triple witching and not triple scoop of ice cream with a cherry on top.

PRE-OPEN MARKET COMMENTS FRIDAY - It has been a nasty triple witch and the FOMC statement sparked some selling. Politicians aren't doing the market any favors and it looks like we are going to have a government shutdown. The market dropped overnight and we are likely to see more selling. I don't believe triple witching will have much of an impact since most of those positions have been "rolled".

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