9/25 Yom Kippur
Historically it has meant the end to the drawdown
IV. Analysis and Commentary
It was a ballsy trade to take a weekend carry in this environment, but it paid off for the Tribe, and we were able to collect profits quick. WIZ BIZZ BABYYY :)
Now we have to figure out where we are in the sell. Is it nearing the end, the start of another leg, or sputtering?
Today, we will get in to all of that.
The old adage for Yom Kippur in stock is "Sell Rosh Hashanah, buy Yom Kippur." This adage suggests that the stock market tends to perform poorly during the period between Rosh Hashanah and Yom Kippur, and then recovers after Yom Kippur.
I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.
VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)
STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)
If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.
Yom Kippur, also known as the Day of Atonement, is the holiest day in the Jewish calendar. It is a day of fasting, prayer, and repentance, and is observed on the 10th day of the Jewish month of Tishrei, which falls in September or October of the Gregorian calendar.