St Leger meeting
The oldest classic horse race in the world is almost upon us again and while it marks the closing of the flat turf season, tradition dictates that it also marks an upturn in financial markets if folklore is to be believed. “Sell in May and go away, don’t come back till St Leger day”
Come back on St Leger day
There is a general ‘theory’ that during the summer stocks languish and only when everybody is back to their desk does the market perk up. Here is one link, from many, that discusses this: –
https://www.thisismoney.co.uk/investing/article.html?in_article_id=484982&in_page_id=166
The Doncaster St Leger meeting
This meeting is OK, but nothing amazing. But it should be an opportunity for you to get above average results for the week.
The first day can be a bit underwhelming. From the four days, Wednesday has lowest prize money but on Thursday we step up a gear with a significant jump in money. Things drop back a little on Friday before the obvious peak on Saturday, with the St Leger.
I thought Wednesday overall was a bit miserable, but I’ve had a better day today, Thursday. I’ve put a summary of last years prize money in the graphic so you can get a fair judgement on the meeting.
Good luck!
Category: Horse Racing, Trading strategies
