www.marketwatch.com
My dad is the stock guy, he's got a nice portfolio mostly of Nasdaq heavy tech stocks.
guy ran around with his dead mothers credit card. ran it up at sportsbooks then charged back. ran it up on vacation and bragged across the street about telling the cc company to fuk off
Someone was just talking about this the other dayWall Street generally likes a divided government. Here's why.
Stocks usually rise after midterm elections, especially if a divided government results. But some warn nothing about the economy is typical this year.www.usatoday.com
What does history tell us about midterm elections and the stock market?
Most data point to an upturn in the S&P 500 after the midterm elections.
- Since 1950, the average return for the S&P 500 in the 12 months after a midterm election is 15%, surprisingly with no down years, John Lynch, Comerica Wealth Management's chief investment officer, wrote in a report.
- In 17 of the 19 midterms since 1946, stocks performed better in the six months following the election than they did in the six months leading up to it, Liz Ann Sonders, Schwab's chief investment strategist, said.
- The three quarters from midterms onwards are historically the strongest three quarters, a pattern since 1949, Deutsche Bank says.
