Past Election Days

Would be interesting to know how the market has behaved before, and after, during recent elections in the past 20 years or so. Rick

that would be interesting to know. fwiw, either in the nytimes or the WSJ was a chart of stock market performance under demo and repub administrations for the last 40 years (i think). i was surprised to see that positive returns during repubs was less than 1% and demo's about + 10% (working from memory here but that is the idea). i mention this not as a political statement but to post something widely viewed my money managers and to caution that a demo landslide may not be veiwed as bearish. also of interest, some astro and other timers have 11/5 or 11/6 as important dates. will that be a sell-off to be bought or a sharp rally to be sold? i have no clue but want to keep that in mind. comments anyone/everyone?

Edited by humble1, 31 October 2008 - 04:48 AM.

that would be interesting to know. fwiw, either in the nytimes or the WSJ was a chart of stock market performance under demo and repub administrations for the last 40 years (i think).

i was surprised to see that positive returns during repubs was less than 1% and demo's about + 10% (working from memory here but that is the idea).

Why is that surprizing ? Because every talking sh*thead on CNBC is proclaiming that democrats are bad for the market and economy ? There is plenty of evidence to the contrary.

So far the latest republican economic theory of "trickle down" economics has proved to be a complete pile of steaming crap. Nothing has trickled down. The greatest wealth divide in the country was created as the middle class was destroyed.

It will take years to fix that delusion.


Edit : I have removed the rest of the inflamatory rethoric from my post. And I have plenty

The only thing to remember is ... no strong middle class base = no good economy and no good stock market. And it doesn't matter what the capital gains tax is.

Edited by ogm, 31 October 2008 - 07:05 AM.

A look at when we change from Republican to Democrat back to Kennedy: Visit My Website

Good Trading
Bill

Dow performance: 1960-Rallied 8 straight days from Oct 31 to Nov 10th for 5.8% 1964-Market looked closed on Tues Nov 3rd, and market did nothing before or after the election 1968-Sold off into the election (closed on Tues again) then rallied 2% over 3 days 1972-Rallied into the election, down the day after, and then more rally for several days. 1976-Rallied some into the election, then gave it all back and a little more within a 3-4% range 1980-rallied 4% into the election and the day after, down 1 day, then rallied 5% 1984-About 2% rally into the election (Trading on election day begins), then down 5% afterwards over a week or more 1988-Basically a 6% sell off from a couple days before to several days after. Couple of small rallies inbetween. 1992-Some rally the week before, then just up and down, and small amount of selling the week or so after. 1996-Rally The rest are easy to remember.

darris: excellent. i will add that to my Book of Holiday charts and strengths/weaknesses into and out of. though it is not a holiday, that's where i would llok for it. thanks. one of the many things i like about TT is the vast resources out there lurking. ask and receive! _______________________________________________________ ogm: whatever, LOL! yes, i was surprised to see the difference and i believe very little of what i hear on CNBS. i am the worst of the worst: whoever wins, i want to make $$$. happy or sad and for or against is for others. besides, whoever gets in will do what the heck he wants and i have never seen it relate much to what the campaign promises were.

Edited by humble1, 31 October 2008 - 07:55 AM.

Thanks, everybody, I hope traders found some of that information helpful. That being said that massive up day we just had. it looks like we are going to give it all back soon. Rick