For active traders who like to time buying and selling around seasonal events, the next few weeks are Market Timing Heaven. The volatility is encapsulated in one of the more enduring seasonal trades: Sell Rosh Hashanah (which begins at sundown Friday this year), buy Yom Kippur (Sept. 25). Traders sell positions due to seasonal weakness at the start of Rosh Hoshanah, then return to the market after Yom Kippur. The period from Yom Kippur to Passover, which starts on April 22, 2024, is traditionally an up period, good for an average gain of 6.9%. It means market timers expecting seasonal weakness for the next few weeks are also expecting seasonal strength in the fourth quarter.

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Persons: Rosh Hoshanah, Jeff Hirsch, Hirsch, Tom McClellan, McClellan, Todd Sohn Organizations: Triple, Triple Witching, Federal, Traders Locations: Yom, Rosh, Yom Kippur, Strategas