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Wednesday, October 26, 2016 8:03:40 AM
Almanac Trader: Election Day: Bullish Day Before, Less So on Actual Day
* October 26, 2016
Looking back at the last sixteen presidential elections since 1950, the day before Election Day has a clear bullish bias. DJIA and S&P 500 have declined just three times and average gains of 0.41% and 0.33% respectively. NASDAQ and Russell 2000 are slightly weaker, but still bullish. Election Day (or the day after prior to 1980) leans bullish, but with a greater frequency of losses. Incumbent party victories are shaded in light grey.
http://jeffhirsch.tumblr.com/post/152310339588/election-day-bullish-day-before-less-so-on
• DiscoverGold
Click on "In reply to", for Authors past commentaries
* October 26, 2016
Looking back at the last sixteen presidential elections since 1950, the day before Election Day has a clear bullish bias. DJIA and S&P 500 have declined just three times and average gains of 0.41% and 0.33% respectively. NASDAQ and Russell 2000 are slightly weaker, but still bullish. Election Day (or the day after prior to 1980) leans bullish, but with a greater frequency of losses. Incumbent party victories are shaded in light grey.
http://jeffhirsch.tumblr.com/post/152310339588/election-day-bullish-day-before-less-so-on
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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