Does the State of the Union Move Stocks?

Blogging Stocks ^ | 01/18/07 | Peter Cohan

[LifeComesFirst]

But this average masks some interesting exceptions. George H. W. Bush's 1991 SOTU drove the S&P 500 up 4.39% in the week after the speech during which he announced the wildly successful Desert Storm which was largely won by the end of the week. By contrast, Richard Nixon's first SOTU in 1970 -- where he announced balanced budget and anti-pollution measures -- stripped 5.08% from the S&P 500 within the week.

[LifeComesFirst]

Found this on the web. It predates Obama's speech but gives some very interesting perspective on the market's reaction to his address.

[Boucheau]

He’s at hard-left parasitical tyrant.

Like many powermongering leftists, he likes the effect of capitalism (wealth) but not its cause: freedom.

This guy gets wood from controlling people.

His view of human beings is far from admiring them.

They must be controlled. They are too stupid to rule themselves. The belief system of ALL democrats, leftists, communists, liberals, dictators, socialists, etc.

Capitalism/Freedom is no fun for this type of human being.

There is no there there for tyrants.

This type of human being should not be allowed to rise to power.

Now, we’ll all pay for it.

[PhilDragoo]

[screaminsunshine]

I cashed out and am gettin out of Dodge. This olace sucks. Obama sucks and the sheeple suck.

[max americana]

The reason why Wall St did not respond positively is because capitalists are smart people. Capitalists are analytical and thorough in their processes because one bad move could end up in financial disaster.

However, SOCIALIST IMBECILES LIKE DUMBO here act on “touchy-feely”, elitist, control-the-masses agenda that squashes individualism that has produced prosperity for America in 200 plus years.

[Boucheau]

This whole thing reminds me of a song by RUSH: The Trees.

If you haven't heard it, FReepers, it is great.

It pretty much sums up the leftist's brain rot.

Here are the lyrics:

There is unrest in the forest, There is trouble with the trees, For the maples want more sunlight And the oaks ignored their pleas.

The trouble with the maples, (And they're quite convinced they're right) They say the oaks are just too lofty And they grab up all the light. But the oaks can't help their feelings If they like the way they're made. And they wonder why the maples Can't be happy in their shade.

There is trouble in the forest, And the creatures have all fled, As the maples screamed "Oppression!" And the oaks just shake their heads

So the maples formed a union And demanded equal rights. "The oaks are just too greedy; We will make them give us light." Now there's no more oak oppression, For they passed a noble law, And the trees are all kept equal... By hatchet...axe...and saw.