SPDR S&P 500 (SPY)

[learningboutinv]

Since the bored/board is dead... hopefully I'm not going to much OT.

I don't follow brinker and I have not verified the election year data but I have hear other writers state the same thing.

Edited - Speculation. So... Does that mean we rally after Memorial Weekend through Elections? Hmm...



So FWIW:

Brinker's May Letter


May newsletter is out.

He documents how since WWII, there have been no bear markets during a presidential election year. Only 3 major corrections in 60 years, with 2008 being the latest one.

1960 14% decline
1980 16% decline
2008 18% decline

22 year record of the proprietary market sentiment indicator saw blowout readings across the board this past March. World record put/call ratios, record 4-week moving average Investor Intelligence sentiment readings, etc.

Expecting new, fresh, world record highs in the S & P 500 by 2009, and with year over year core rate of 2.1% and the bond market acting well, there is no threat of inflation.