There have become three guarantees in life: death, taxes and the Monday rally. Today’s stat of the day, from Bespoke Investments shows the impressive Monday rally trend in 2010. As you can see, without Monday’s this market hasn’t done much this year. Even more interesting, however, is that these Monday rallies are almost always the same – no news melt ups….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.