In the News

Title

High Holy Days Provide Advantages For The Stock Market

Document Type

Article

Publication Date

9-16-2015

Abstract

Wall Street experts claim there are benefits to investing in the stock market around the Jewish high holy days, selling on Rosh Hashanah (the Jewish New Year) and buying on Yom Kippur (the Day of Atonement).

According to CBS News, data going back to 1950 show that September is usually a bad month for the S&P 500, while October tends to be historically profitable, said Robert Johnson, president of The American College of Financial Service.