Don't expect any market sectors or industries to take off during the lame duck period.
I think the United States of Corporations will get what we voted for. The rich to get richer. But at least maybe some things will get passed/changed. Finally the pendulum will start to swing again. Odds against wages ever improving now, but increase in jobs bills will help. That's pretty much a given if repubs want to add their figure head in 2016. Poor job increases is now all on their heads. They need the 2/3s not voting this time, on their side. Construction is my guess. But no way they will take money out of businessmen's pockets for main street.
By the way, something like 75% of the time, markets have increased 3 months after mid term elections, no matter which party won. So a FAS buy and hold position play, could work nicely to 2015. Ps; Added 5% last week; total 5 weeks playing FAS/FAZ +38%. Gone-a have a good year.
Thinking infrastructure, defense, banking, and pharma have the best chance for republican congress support, in 2015. Infrastructure for jobs, defense because of republican minds, banking/financials to pay back for election and pharma on any changes to Obama care.
Just a thought; want to get the 2/3s to vote 2016. Get Brad Pitt & George Clooney to run. With the Kardashian girls as running mates. LOL Just can't believe only 1/3 of the registered voters showed up in the most important election. And less then 6% of representatives lost their jobs. Damn sure more then 6% of Americans were unhappy.
