Posted on 10/28/2016 9:08:51 AM PDT by mn-bush-man
The S&P 500's October close may predict Presidential Election Winner.
The performance of Standard & Poor's 500-stock index from July 31 to Oct. 31 has a curious way of predicting the winner of the Presidential Election. The indicator has a success rate of 86% success rate when the incumbent president is not running for reelection. When an incumbent president is running for reelection it has an 82% success rate.
Should the S&P 500 record a positive return from July 31 to October 31, it signals the reelection of the party in-power, while a decline suggests replacement.
(Excerpt) Read more at stockcharts.com ...
The S&P closed 2,173.60 on July 31. The index is currently trading below 2,140. It is HIGHLY unlikely the markets will rally to close above 2,173.60 by the end of trading on Monday.
Time for Trump!
Of course MSM will never mention it.
I’m in spxu in anticipation of a Trump win. Wall Street is betting on hillary. They will let the hounds loose if Trump wins.
Good call! I’m long November QQQ puts in anticipation of the same exact thing. Let’s both make some money!
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