Chart of the Week: Stock Market During Presidential Election Years
Historically, the Presidential election cycle has provided good guidance as to the lows and highs of market rallies.
Stock Market During Presidential Election Years
Source: Pinnacle Data, Chart of the Day
As we mentioned in September 2002, the period leading up to the mid-term election is often the low market point in a President’s term; Similarly, market peaks often happen in years when there is a Presidential election.
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Quote: "October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.”
-Mark Twain
Thursday, October 30, 2003 | 11:55 AM | Permalink
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