March Quarterly Option Expiration Weeks Show Historical Bullish Trend

Jeffrey Hirsch, CEO of Hirsch Holdings and publisher of the Almanac Trader, posted on X that March quarterly option expiration weeks have historically shown a bullish trend. Over the past 43 years, the S&P 500 index has risen 28 times during these weeks, while the NASDAQ has seen gains 26 times. In more recent history, both the S&P 500 and NASDAQ have advanced 13 times in the last 18 weeks. This pattern suggests a potential positive outlook for these indices during the March quarterly option expiration period.