Sell Rosh Hashanah Buy Yom Kippur

There are several old adages related to the markets. One commonly mentioned at this time of the of year, just ahead of the Jewish holidays, is "Sell Rosh Hashanah, Buy Yom Kippur." The origin is based on the concept that followers of the Jewish faith want to be free from material...

Not all stock market adages work to perfection. If one had sold in May and went away, they would have missed out on the post-Brexit rally and the the move to all-time new highs in August. However, "Sell Rosh Hashanah, Buy Yom Kippur" has worked out nicely in 2016. The strategy,...