By Week Before Feb OpEx Week NASDAQ Up 9 of Last 12
Over the last 32 years the week before February’s options expiration
week has had its share of ups and downs. It was up 8 of 9 years across the
board from 1990-1998. From 1999 to 2000 the week is littered with red numbers. But
in the last 12 years the record has been improving. Leading the pack is NASDAQ
with an average gain of 0.82% for the week, up 9 of the last 12. With the
market rallying today, especially the tech sector, capping a winning week after
finding some support last week, prospects look good for the market to continue
its rally off the correction lows.
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