Could This Be an Unhappy New Year?

Next week could be rough for the stock market… [Jeff Clark's Market Minute]( Could This Be an Unhappy New Year? By Jeff Clark, editor, Market Minute Next week could be rough for the stock market… Why? There’s an old adage on Wall Street that goes, “Sell on Rosh Hashanah and buy on Yom Kippur.” The saying highlights the seasonal weakness that typically occurs between those two Jewish holidays. It’s similar to the “sell in May and go away” maxim we hear every year. No, stocks don’t always decline during this time of year… But it happens often enough that there’s a saying about it. Today marks the start of Rosh Hashanah, the Jewish New Year. It also kicks off a 10-day period known as the Days of Awe. This is a period of intense reflection for people of Jewish faith, which ends on Yom Kippur (the Day of Atonement). The adage originated many decades ago when it was common practice for Jewish investors to sell their stocks on Rosh Hashanah so they could concentrate on their prayers without the distraction of worrying about the stock market. They would then buy back their positions after Yom Kippur when they could concentrate on the stock market again. Nowadays, any weakness in the stock market during this time is likely more a matter of coincidence than it is the result of millions of Jewish investors dumping their portfolio holdings. But stocks still tend to decline during this period. Last year, the S&P 500 dropped 140 points – about 4% – during this period. Recommended Link [The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty]( [image]( A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! In fact, Business Insider says this type of investment could provide “enough money to live off of each year, without having any other retirement plan...” “Royalties” are the most exciting investments in history. Put simply, they’re periodic payouts… That could deliver all the money you need for your retirement… While these “royalties” are different from traditional royalties, just one could hand you enough income to live life on your own terms. And it only takes a few minutes to set up. [Learn how to collect your first payout as soon as December 10th.]( -- Going all the way back to 1915, the Dow Jones Industrial Average has declined an average of 0.62% between Rosh Hashanah and Yom Kippur. That’s a statistically significant weakness for a 10-day period. The declines have been much worse during periods of economic uncertainty when the market was already struggling. For example, in 2008, the S&P 500 dropped 18% during the Days of Awe. Of course, the market doesn’t seem to be struggling today. The S&P 500 is up 16% so far this year. It closed yesterday within spitting distance of its high for 2023. But we are coming into Rosh Hashanah in a mildly overbought condition. And, [as we showed you in yesterday’s Market Minute]( we do have the setup for a large move. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. In other words, we certainly have the potential for a strong decline. If it’s going to happen, it might very well happen during this seasonally weak time of the year. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG Are you prepared for seasonal decline? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing]( In just a few days, the U.S. government could announce [this mandatory recall on the U.S. dollar…]( And replace it with a new digital dollar. And that could send [this $0.25 alternative investment skyrocketing.]( This is the same type of investment that’s already attracting the attention of legendary investors and billionaires like Elon Musk, Mark Cuban, and George Soros. If you know the necessary steps to take right now, not only will you protect your money, you could come out of this shift wealthier than you ever thought possible. But you need to act fast. [Click here to get the exact steps to take right now.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](