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Benzinga
Benzinga
Business
Joel Elconin

Sell Rosh Hashanah, Buy Yom Kippur? Revisiting The Market Adage In Turbulent 2022

One old market adage that is commonly mentioned just ahead of the Jewish holidays is "Sell Rosh Hashanah, Buy Yom Kippur." With the holidays commencing Sunday at sundown, it is time for this year's investment interpretation of the adage from the perspective of this investor.

And boy, it is not easy. The 2022 holiday is certainly taking place during turbulent times in the U.S. and the world, and Friday’s price action is certainly not conjuring many bullish scenarios.

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