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.
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