June Triple Witching – the Aftermath's a Bitch

Today is options Triple Witching Week (TWW).  Allow me to trot out some aftermath stats for your reading (dis)pleasure…

The week after a triple witching week almost always sucks.  Since the first quarter of 2000, only 13 of 40 weeks after a TWW were positive, none of these were after a June TWW however.

The June stats are so bad, in fact, I ask you to consider this as being something more than just data mining – The week after a June Triple Witching Week has been negative for the Dow Jones Industrials 19 out of the last 19 years.

June is ranked as only the 10th best month for the S&P 500 historically and the 11th best for the Dow.

Guys, this is just not a good month for stocks.  Doesn’t mean it can’t be, but please don’t act so shocked when every rally leads to a fade and a heartbreak.  None of this should be surprising.  Add in the Triple Witching week’s typical aftermath and it’s tempting to simply hit the beach.