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« S&P 500 at 19-Week High | Main | 10-Year P/E Ratios » May 19, 2008 Turning Point in the Presidential Election CycleI don’t place a great deal of faith in these indicators, but we’re nearing a traditional low point in the Presidential Election Cycle. On average, the Dow is fairly weak from the September 6 of a pre-election year to May 28 of the election. Over that time, the Dow averages a loss of -5.2%. That may not sound like a lot but it’s an average of the entire Dow from 1896 to 2007. After May 28, the Dow gains an average of 15.2% by the end of the year.
Posted by edelfenbein at May 19, 2008 10:13 AM |
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