How trustworthy are the uTube market gurus? How about one that does not know about the Triple Witching Hour?
I don’t now what spooked the market but… we have to go back to mid June
Taking a Break from Finance & Investing Content
June 17 → Triple witching hour
September 16 → Triple witching hour
Triple witching hour
Triple witching hour is the last hour of the stock market trading session (3:00-4:00 P.M., New York City local Time) on the third Friday of every March, June, September, and December. Those days are the expiration of three kinds of securities:
Stock market index futures;
Stock market index options;
The simultaneous expirations generally increases the trading volume of options, futures, and their underlying stocks, occasionally increasing the volatility of prices of related securities.
On those same days single-stock futures also expire, so that the final hour is sometimes referred to as the quadruple witching hour.
I like Jake Broe’s Ukraine war reporting and analysis.