The third year of the Presidential cycle historically delivers more gains than the other three years combined.
Going back to 1962, the average gain in the S&P 500 from the mid-term Election Day to the end of the following year is +20.9%. During thefirst term of a Presidential cycle, the S&P 500 rose an average 23.8% from the mid-term election to the end of the third year. If that pattern holds true this time around, the S&P 500 will close 2011 at a lofty1478 , and the Dow will reach 13,850.
The opportunity of third year presidential cycle has already ticked the train up direction, the excitement of prosperity in short-term gain is in the air. a very Prosperity 2011 wish to everyone who takes the ride.
The third year of the Presidential cycle historically delivers more gains than the other three years combined.
ReplyDeleteGoing back to 1962, the average gain in the S&P 500 from the mid-term Election Day to the end of the following year is +20.9%. During thefirst term of a Presidential cycle, the S&P 500 rose an average 23.8% from the mid-term election to the end of the third year. If that pattern holds true this time around, the S&P 500 will close 2011 at a lofty1478 , and the Dow will reach 13,850.
The opportunity of third year presidential cycle has already ticked the train up direction, the excitement of prosperity in short-term gain is in the air.
ReplyDeletea very Prosperity 2011 wish to everyone who takes the ride.