"Wall Street Loves Midterm Elections"
renman95
Posts: 7,037 ✭✭✭✭✭
I saw this headline earlier on Yahoo!
"History shows a bullish bias in stocks after midterm elections. Since 1928, the S&P 500 has posted a median return of 7 percent in the 90 days after a midterm, with returns positive 86 percent of the time, according to Barclays."
So can we expect more of the same...higher Dow, higher S&P, higher Naz, higher Dollar, and lower PM's?
"History shows a bullish bias in stocks after midterm elections. Since 1928, the S&P 500 has posted a median return of 7 percent in the 90 days after a midterm, with returns positive 86 percent of the time, according to Barclays."
So can we expect more of the same...higher Dow, higher S&P, higher Naz, higher Dollar, and lower PM's?
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<< <i>Since 1928, the S&P 500 has posted a median return of 7 percent in the 90 days after a midterm, with returns positive 86 percent of the time, according to Barclays." >>
....about the same chances as the home team winning game 7 of the world series.
After a short stint with Ebay founder Pierre Omidyar's First Look news outlet, Taibbi returns to Rolling Stone in full form.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
And if it drags PMs down further along with it, I think I might be buying something. I don't know what, but I won't be able to stand it any longer.
I knew it would happen.
Liberty: Parent of Science & Industry
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the 1980's or 90's has been rewarded for their endurance."""
No such thing as good assets or bad assets, only underpriced and overpriced.
<< <i>No good assets or bad assets, only underpriced and overpriced. >>
that works. it makes it less painful ( well )
<< <i>We have to be near the bottom if even Bailey is starting to buy again >>
Good to see you out of the books comrade z. All done?