Posted on 10/31/2016 8:31:39 PM PDT by Innovative
The stock market's election year performance between July 31 and Oct. 31 has often accurately predicted the next president — and this year it's pointing to a victory by Donald Trump, if history is a guide.
Sam Stovall, chief investment strategist at CFRA, says the market's decline this fall has been a bad omen for the incumbent party and Hillary Clinton, who still holds a six point national lead in a new poll. The S&P 500 is down 2.2 percent since its close of 2,173 on July 29, a Friday and the last trading day of July.
"Going back to World War II, the S&P 500 performance between July 31 and Oct. 31 has accurately predicted a challenger victory 86 percent of the time when the stock market performance has been negative," he said. The one time in eight that the incumbent party won with a negative stock market was in 1956, when Adlai Stevenson challenged President Dwight D. Eisenhower.
(Excerpt) Read more at cnbc.com ...
But whether we get good news or bad news prediction or polls about the election, the most important thing is to be sure to get out the vote for Trump.
This election like all others is about the wallet and the pocketbook.
NO ONE likes to have their money forcibly confiscated from them.
And that is what is happening. Obamacare is draining us, and people are feeling it.
So they will vote with their wallets. And they only SANE choice is Trump - a man who knows HOW to make wealth, and how to keep it.
The only wealth the democrats can acquire is that which they steal from the ordinary working man. And there’s a HELL OF A LOT more of us than them.
Be the Giant Middle Finger to them on election day.
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