‘Sell Rosh Hashanah, Buy Yom Kippur’: What does this market adage look like In 2022?

‘Sell Rosh Hashanah, Buy Yom Kippur’: What does this market adage look like In 2022?

It might seem arbitrary to take investing advice from old market adages, but there is one market strategy commonly mentioned ahead of the Jewish holidays – “Sell Rosh Hashanah, Buy Yom Kippur.” This year, Rosh Hashanah, which is the beginning of the year according to the traditional Jewish calendar, begins at sunset on Sunday, Sept. 25. It will run through nightfall on Tuesday, Sept. 27. Meanwhile, Yom Kippur, or the Day of Atonement, begins 10 days later on Tuesday, Oct. …