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"Wall Street Loves Midterm Elections"

renman95renman95 Posts: 7,037 ✭✭✭✭✭
in Precious Metals
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?

Comments

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <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.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    Wall Street hates Matt Taibbi

    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

  • bluelobsterbluelobster Posts: 1,220 ✭✭✭
    Sentiment is getting a bit scary bullish short term I wouldn't be surprised if the market doesn't rattle some cages shortly.
  • UnknownUnknown
    This content has been removed.
  • jmski52jmski52 Posts: 22,858 ✭✭✭✭✭
    Sentiment is getting a bit scary bullish short term I wouldn't be surprised if the market doesn't rattle some cages shortly.

    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.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Yeah, me too. Fixin' to spring for a monster box of silver and a tube of gold.

    Liberty: Parent of Science & Industry

  • ZubieZubie Posts: 1,160 ✭✭✭✭
    We have to be near the bottom if even Bailey is starting to buy againimage
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  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    ""Anyone who has stayed invested in stocks and bonds since
    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.
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    No good assets or bad assets, only underpriced and overpriced.

  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭


    << <i>No good assets or bad assets, only underpriced and overpriced. >>

    that works. it makes it less painful ( well )
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>We have to be near the bottom if even Bailey is starting to buy againimage >>



    Good to see you out of the books comrade z. All done?
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