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Sell Rosh Hashanah, Buy Yom Kippur? The Market Doesn't Make It Easy

Benzinga ·  Oct 2 21:55

One old market adage commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur."

With the holidays commencing on Wednesday at sundown, it is time for this year's investment interpretation of the adage from this investor's perspective.

Adhering to this seasonal pattern in 2023 would have rewarded an investor handsomely. Of course, it was not all smooth sailing, but the end result was outstanding. While expectations were high after the adage's performance in the 2022-2023 cycle, the results from the 2023-2024 cycle are even better.

Keep in mind that this coincides with the strong performance...

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